Dubai Aerospace Enterprise, an aviation services company, agreed to acquire Sky Fund I Irish, an aircraft leasing company. Financial terms were not disclosed. “We are delighted to acquire this unique portfolio of new technology, fuel efficient aircraft on lease to 14 airlines, including six new airline customers for DAE. This transaction will allow us to continue our growth trajectory and materially increase the proportion of new technology assets in our portfolio. DAE has a successful track record of integrating acquisitions into our business, and we look forward to welcoming additional relationships with our current customers as well as new airline customer relationships,” Firoz Tarapore, Dubai Aerospace Enterprise CEO.