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Dubai Aerospace Enterprise

DAE in deal with Hainan Airlines to deliver four aircraft

Dubai Aerospace Enterprise (DAE) has announced the signing of lease agreements with Hainan Airlines for four new Boeing 737-8 aircraft, scheduled for delivery in the fourth quarter of 2025 and the first quarter of 2026. Firoz Tarapore,

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DAE signs deals to acquire 23 aircraft for $1.1bn

Dubai Aerospace Enterprise (DAE) said it recently signed agreements to acquire 23 aircraft from multiple counterparties for an aggregate consideration of approximately $1.1 billion. When consolidated, the aircraft portfolio has a weight

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Dubai Aerospace Enterprise's H1 revenue hits $679m

Dubai Aerospace Enterprise (DAE) today (July 31) reported its financial results for the first half of 2024, logging a year-on-year (YoY) revenue increase that hit $679.2 million.   Meanwhile, DAE's profit bef

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Dubai Aerospace Enterprise's H1 revenue hits $679m

Dubai Aerospace Enterprise (DAE) today (July 31) reported its financial results for the first half of 2024, logging a year-on-year (YoY) revenue increase that hit $679.2 million.   Meanwhile, DAE's profit bef

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Dubai Aerospace Enterprise secures $750m ENBD loan

Dubai Aerospace Enterprise (DAE), the global aviation services company, said it has secured a five-year term loan worth AED2.75 billion ($750 million) from Emirates NBD Bank for general corporate purposes and to support the future financing ne

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Dubai Aerospace Enterprise secures $750m ENBD loan

Dubai Aerospace Enterprise (DAE), the global aviation services company, said it has secured a five-year term loan worth AED2.75 billion ($750 million) from Emirates NBD Bank for general corporate purposes and to support the future financing ne

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Dubai Aerospace Enterprise secures $750m ENBD loan

Dubai Aerospace Enterprise (DAE), the global aviation services company, said it has secured a five-year term loan worth AED2.75 billion ($750 million) from Emirates NBD Bank for general corporate purposes and to support the future financing ne

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DAE signs new $420m 5-year unsecured term loan

Dubai Aerospace Enterprise (DAE) said it has signed a $420 million unsecured term loan for a 5-year tenure with China Construction Bank (DIFC Branch) and China Construction Bank (Asia) Corporation Limited (CCB).   

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DAE and Ansett Aviation sign deal to train pilots

Dubai Aerospace Enterprise (DAE) Ltd has announced a key partnership that will promote the United Arab Emirates as a leading global aviation service provider. DAE and Ansett Aviation Training (AAT), the Australia headquartered global op

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DAE to lease two ATR 72-600 aircraft to FLY91

Dubai Aerospace Enterprise (DAE) said it has reached an agreement with India-based FLY91 for the lease of 2 ATR 72-600 aircraft. The aircraft are scheduled to be delivered in 2024 and are expected to be the first aircraft to enter FLY91’s

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