Dubai Aerospace Enterprise (DAE) Ltd, the global aviation services corporation, announced that it had delivered from its orderbook the sixth and final Boeing 737 MAX family aircraft to Aeromexico under its current mandate. The mandate comprised three 737-8 and three 737-9 aircraft. Aeromexico ...

Boeing and Dubai Aerospace Enterprise (DAE) today announced the aircraft lessor is growing its 737 MAX portfolio with an order for 15 737-8 jets. DAE had been investing in the 737 MAX by buying jets from existing customers and leasing them back to the carriers. (more…)...

By Staff Writer, ZAWYA Dubai Aerospace Enterprise (DAE), one of the world’s biggest aircraft lessors, secured more lease deals last year despite the decline in air traffic. From January to December 2020, the leasing company recorded a total of 125 lease agreements and extensions, up fr...

Joramco, the Amman based MRO and the engineering arm of Dubai Aerospace Enterprise (DAE), is heading into the new season and starting maintenance on the new line of aircraft after successfully completing its first-time base maintenance agreement with the Irish budget airline, Ryanair. The agreeme...

Dubai Aerospace Enterprise (DAE) Ltd. reported its financial results for the three months ended 31 March 2020. The consolidated financial statements can be found here.Highlights included: Total Revenue: US$344.2 million (Q1 2019: US$360.0 million)Net Income: US$76.7 million&n...

Dubai Aerospace Enterprise (DAE) Ltd. has announced that it has signed a US$300 million 5-year dual tranche unsecured term financing facility with Emirates Islamic and Emirates NBD Capital, the investment banking arm of Emirates NBD. The facility will contain a conventional and an Islamic tranche ...

Dubai Aerospace Enterprise (DAE) Ltd. announced today that it has signed a US$300 million 4-year unsecured term loan with China Construction Bank (DIFC Branch) and China Construction Bank (Asia) Corporation Limited. The principal amount of the loan can be increased to $500 million. The loan will ...

Dubai Aerospace Enterprise (DAE) Ltd. announced that it had repurchased outstanding common shares worth US$450 million. DAE also announced that it had received US$450 million in connection with the early partial repayment of a Note Receivable from certain shareholders. Firoz Tarapore, Chief Exec...