Middle East/Africa

DAE reports $340 million revenue in first quarter, Boeing deliveries ""markedly lower"" in 2024

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DAE reports $340 million revenue in first quarter, Boeing deliveries ""markedly lower"" in 2024

Dubai Aerospace Enterprise (DAE) reported a total revenue of $343.6 million for the first quarter of 2024, up 9% from 2023's first quarter result of $315.2 million. It reported a profit of $67.8 million for the quarter, down marginally year-on-year (YoY) from $69.2 million. Its operating profit saw...

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