Leasing

DAE reports strong 2022 despite write-down

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DAE reports strong 2022 despite write-down

Dubai Aerospace Industries (DAE) has reported total annual revenues of $1.1bn at the end of December 2022. Profit before exceptional items increased by 37% over 2021 figures to $258.6 million. However, the company's profit was impacted by the write-off of $576.5 million for the aircraft assets stuck...

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