Joramco, the Amman-based aircraft MRO facility and engineering arm of Dubai Aerospace Enterprise (DAE), has signed a maintenance agreement with India’s leading global carrier and Star Alliance member Air India for the first time. Announced at the recent MRO Asia-Pacific in Singapore, this agree...

Dubai Aerospace Enterprise (DAE) has posted a sharp rise in profits and revenues for the first half of 2025, underpinned by a major acquisition and strong operational performance. The Dubai-based aircraft leasing giant reported pre-tax profits of US$506.8 million for the three months ending 30 Ju...

Dubai Aerospace Enterprise (DAE) Ltd, a global aviation services corporation, today announced that it has signed a definitive agreement with K2 Aviation, a mid- to end-of-life aviation investor, to sell 7 Airbus and Boeing aircraft on lease to 6 airline customers. DAE also signed an agreement wit...

Dubai Aerospace Enterprise (DAE) Ltd today announced the signing of a definitive agreement to acquire 100% of the Nordic Aviation Capital group of companies, an aircraft leasing company formed over 30 years ago. Terms of the transaction were not disclosed. As of September 2024, NAC’s fleet comp...

Dubai Aerospace Enterprise (DAE) Ltd has announced it has received approximately $201 million in cash settlements over the past three months from select insurance companies. These settlements pertain to claims on aircraft previously leased to airline carriers in the Russian Federation. In exch...

Joramco Academy, the educational arm of Joramco, the Amman-based aircraft maintenance, repair, and overhaul (MRO) facility and engineering arm of Dubai Aerospace Enterprise (DAE), has announced the start of its new academic year, marking the first semester the students attend the newly inaugurated p...

Joramco, the Amman-based aircraft maintenance, repair, and overhaul (MRO) facility and engineering arm of Dubai Aerospace Enterprise (DAE), has forged a new partnership with Spanish-Portuguese long and medium-haul airline, Iberojet, part of Avoris Corporación Empresarial Under this partnership, ...

Dubai Aerospace Enterprise (DAE) Ltd today announced that it had recently signed agreements to acquire 23 aircraft from multiple counterparties for approximately US$1.1 billion. When consolidated, the aircraft portfolio has a weighted average age of 3.4 years, a weighted average lease term remain...

Joramco, the Amman-based maintenance, repair, and overhaul (MRO) provider and the engineering arm of Dubai Aerospace Enterprise (DAE), has been awarded a contract to perform Heavy Maintenance for LATAM Airlines, the largest airline in Latin America. The agreement was announced during MRO Americas...

Dubai Aerospace Enterprise (DAE) Ltd, the global aviation services company, today announced that it has signed an AED 2.75 billion (US$750 million) 5-year unsecured term loan with Emirates NBD Bank P.J.S.C. (“ENBD”). The loan will be used for general corporate purposes and support the future ...

Ryanair has announced an extension to its maintenance agreement with Joramco, the MRO provider based in Jordan and the engineering arm of Dubai Aerospace Enterprise (DAE) Ltd, which will see the airline undertake 10 lines of heavy maintenance for the next 10 years at their MRO facility in Amman, Jor...

Joramco, the Amman-based aircraft maintenance, repair, and overhaul (MRO) facility and engineering arm of Dubai Aerospace Enterprise (DAE), has announced Petra Lindemann’s appointment as the new Vice President of Supply Chain. With nearly two decades of experience, Petra is an aviation professi...

Ryanair announced its expansion in Amman, confirming the 5-year heavy maintenance agreement with Joramco, the MRO provider based in Jordan and the engineering arm of Dubai Aerospace Enterprise (DAE). This agreement will further extend the partnership and will see the airline utilising up to 6 hea...

Joramco, the Amman-based aircraft maintenance, repair, and overhaul (MRO) facility and engineering arm of Dubai Aerospace Enterprise (DAE), has announce Thomas Bjorndal’s appointment as the company's new Chief Commercial Officer. Mr Bjorndal is an aviation professional with a track record spann...

Dubai Aerospace Enterprise (DAE) Ltd today announced that an affiliate had signed a definitive agreement to acquire the rights, interests, and obligations of a portfolio of 64 Boeing 737 MAX aircraft from a wholly-owned subsidiary of China Aircraft Leasing Group Holdings Limited (“CALC”). The...