Dubai Aerospace Enterprise (DAE) on Monday said it has “substantially” completed the agreement with American Airlines to lease 18 new Boeing 737 MAX 8 aircraft. “This transaction reflects our agility, our balance-sheet strength, our underwriting capability, our ability to assist one of our long-term customers and our belief in the product strength of the 737 MAX 8 aircraft,” said Firoz Tarapore, CEO of DAE. DAE had previously said that it was in talks with airlines about leasing the MAX 8 aircraft in its fleet - days after UAE’s aviation regulator lifted its ban on the airplane. The Dubai-based aircraft lessor has 20 Boeing 737 MAX 8 aircraft with operators.<br/>