Azorra, a U.S.-based aircraft leasing firm, has announced the execution of definitive purchase agreements to acquire a substantial portfolio of 49 Embraer E-Jets and two GE CF34 engines from Dubai Aerospace Enterprise (DAE). The aircraft and engines are leased to 12 different airline customers worldwide, highlighting the deal’s geographic and operational diversity.
Dubai Aerospace Enterprise (DAE), one of the leading aircraft lessors in the Middle East, has entered into agreements with two separate counterparties to sell approximately 75 aircraft, including 50 Embraer E-Jets and 25 out-of-production aircraft. The divestment process is expected to conclude by the end of 2025, marking a significant realignment of the company’s portfolio.
Centrum Air, an emerging carrier based in Uzbekistan, is actively expanding its fleet by securing additional Airbus A320 aircraft through an agreement with Dubai Aerospace Enterprise (DAE). The move is part of the airline’s broader strategy to modernize its operations and increase competitiveness in regional and international markets.
Dubai Aerospace Enterprise (DAE), a leading aircraft lessor based in the United Arab Emirates, has posted strong financial results for the first quarter of 2025. The company reported total revenue of US$395.9 million and profit before tax of US$101.2 million, reflecting solid performance across its leasing portfolio and asset management operations.
Dubai Aerospace Enterprise (DAE), based in the UAE, has successfully delivered the sixth and final Boeing B737 MAX family aircraft to Aeromexico. This delivery marks the completion of DAE’s current mandate with the airline, which included three B737-8 and three B737-9 aircraft.
Dubai Aerospace Enterprise (DAE) has reported its full-year 2024 financial results, showing solid revenue growth and increased profitability. The company posted total revenue of $1.42 billion, while profit before tax reached $532.3 million, demonstrating strong financial resilience. As of December 31, 2024, DAE’s available liquidity stood at $3.78 billion, reinforcing its financial stability and investment capacity.
Dubai Aerospace Enterprise (DAE), a leading global aircraft leasing company based in the UAE, has announced the signing of a definitive agreement to acquire 100% of Nordic Aviation Capital (NAC), an Ireland-based lessor specializing in regional aircraft. This acquisition marks a significant expansion of DAE’s portfolio and strengthens its position in the global aviation leasing market.
Dubai Aerospace Enterprise (DAE), a leading global aircraft leasing company, has announced its business transactions update for the full year 2024, showcasing significant achievements across its operations.
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…
