Dubai Aerospace Enterprises Has Written off $576.5 Million in Planes That Were Leased to Russia
Dubai Aerospace Enterprises Has Written off $576.5 Million in Planes That Were Leased to Russia Emirates and Etihad, two of DAE’s major offtake partners, have canceled all orders. This resulted in the write-off of 22 aircraft from the company’s total fleet of leased planes worth $576.5 million by the end of Q3 2020. Financial Report … Read more