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DAE to Lease Ten Boeing 737 MAX 8 Aircraft to AJet Through Turkish Airlines

DAE to Lease Ten Boeing 737 MAX 8 Aircraft to AJet Through Turkish Airlines
Dubai Aerospace Enterprise (DAE) has finalized a long-term lease agreement with AJet, the low-cost subsidiary of Turkish Airlines, for ten new Boeing 737-8 aircraft. Deliveries are scheduled to take place between 2026 and 2027, with the aircraft set to bolster AJet’s medium-haul fleet as part of its ongoing expansion strategy.
Strategic Expansion Amid Market Growth
This agreement arrives amid a period of growth in the Turkish aviation sector, where the Ministry of Transport reported a 5.7% increase in air movements during the first half of 2025. DAE, which manages a portfolio of 236 Boeing aircraft—including 119 from the 737 MAX family—views the deal as a significant step in strengthening its long-term partnership with Turkish Airlines. The lease is intended to address AJet’s increasing demand for additional capacity as it seeks to expand its market presence.
Industry Challenges and Market Implications
Despite the positive outlook, the leasing of Boeing 737 MAX aircraft continues to face scrutiny due to regulatory challenges and safety concerns stemming from previous incidents involving the model. These issues may affect DAE’s operational costs and reputation, while also influencing investor sentiment. The announcement is likely to trigger fluctuations in the stock prices of both DAE and Boeing, reflecting broader market reactions to the ongoing deployment of the 737 MAX.
The deal may also have wider repercussions across the aviation industry. Competing carriers could reevaluate their fleet acquisition strategies, potentially accelerating or postponing orders for similar aircraft, especially those considering the 737 MAX. Turkish Airlines’ choice to lease through DAE might encourage other airlines to explore comparable leasing arrangements as they contend with supply chain disruptions and delays in aircraft deliveries.
AJet’s Fleet and Growth Prospects
Currently, AJet operates a fleet exceeding 80 aircraft, predominantly Boeing single-aisle models, including 18 Boeing 737-8s. The addition of these ten new aircraft is expected to support the airline’s growth ambitions in an increasingly competitive and dynamic market environment.

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