Dubai Aerospace Enterprise (DAE), based in the UAE, has announced cash proceeds of approximately US$201 millionfrom settlements with selected insurance companies. The settlements relate to aircraft previously leased to airline carriers in Russia.
Dubai Aerospace Enterprise (DAE), a leading global aircraft leasing company based in the UAE, has announced the signing of lease agreements with South Korea’s Eastar Jet for three Boeing 737-8 aircraft. These aircraft are scheduled for delivery in mid-2025 and the first quarter of 2026, enabling Eastar Jet to expand its fleet with the latest…
Dubai Aerospace Enterprise (DAE), a prominent aircraft leasing company based in the UAE, has announced lease agreements with Hainan Airlines, one of China’s leading carriers, for four new Boeing 737-8 aircraft. This strategic agreement aligns with Hainan Airlines’ growth plans and DAE’s objective to support its clients with modern, fuel-efficient aircraft. The deliveries are scheduled…
Dubai Aerospace Enterprise (DAE) has released its financial results for the nine months ending September 30, 2024, demonstrating strong leasing performance and resilient revenue growth. The company, a leading global aircraft lessor, saw positive trends across its leasing and management portfolios, which contributed to increased profitability in a dynamic market. DAE has managed to navigate…
Dubai Aerospace Enterprise (DAE), a leading aviation leasing company based in the UAE, has announced plans to acquire 10 narrowbody, next-generation aircraft, with the total portfolio valued at approximately $500 million.
