DAE

Dubai Aerospace Enterprise (DAE) has reported its operational results for 2024, including the acquisition of 83 aircraft and the sale of 68 during the year.Of the aircraft acquired, 30 were owned and ...

Dubai Aerospace Enterprise (DAE) secured a settlement agreement with insurer AXA in relation to aircraft stranded in Russia following the country's 2022 invasion of Ukraine, Reuters reported. It comes...

Airline chief executives are becoming more vocal about the ongoing situation surrounding Boeing and the impact it is having on their businesses. The embattled airframe manufacturer has been the foc...

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 milli...

Dubai Aerospace Enterprise (DAE) has signed a $420 million 5-year unsecured term loan with China Construction Bank DIFC Branch and China Construction Bank Asia. ""This term loan will serve to further ...

Dubai Aerospace Enterprise (DAE) total revenue was up 16% from $1.1bn in 2022 to $1.3bn in 2023. It also reported an after tax profit of $350.6 million for the year, a significant improvement from its...

Dubai Aerospace Enterprise (DAE) has signed an agreement to lease two ATR 72-600 aircraft to Indian airline FLY91, scheduled to be delivered later in 2024. "We are delighted to have reached an agreeme...

Dubai Aerospace Enterprise (DAE) has received a cash insurance settlement with proceeds totalling approximately $118 million in respect of aircraft previously on lease to Aeroflot. This represents a s...

Avolon has reported net income of $97 million for the third quarter of 2023, a 28% increase on Q2, and $229 million year to date. Excluding the impact of Russia and unrealised gains on investment, adj...

Dubai Aerospace Enterprise (DAE) has reported a 16% increase in revenue to US$989 million for the nine months ended September 30, 2023. Profit before tax was $207.5 million up on $200.6 million a year...

Dubai Aerospace Enterprise (DAE) has reported profit before exceptional items in the six months ended June 30, 2022 increased by 186% to US$140.1 million, with cash flows from operating activities up ...

Dubai Aerospace Enterprise (DAE) has successfully closed a new four-year US$1 billion Revolving Credit Facility (RCF) with a one-year extension option. The Facility replaces other facilities with near...