Joramco, the Amman-based MRO facility and division of Dubai Aerospace Enterprise (DAE), has appointed Adam Voss as its new CEO, effective September 14 2025. Voss previously served as Chief Operating Officer at Joramco and, until recently, was Chief Executive Officer of Dubai-based TIM Aerospace. “I am honoured to be taking on this new role at […]
Adam Voss named CEO, Joramco, Fraser Currie joins DAE Read More »
Dubai Aerospace Enterprise (DAE), a global aviation services provider, has signed a significant purchase agreement with United Airlines (United) for ten new Boeing 737-9 aircraft. Under the terms of the agreement, DAE will acquire the aircraft and lease them back to United on long-term contracts, with deliveries scheduled between August 2025 and February 2026. Firoz
DAE, United sign ten-aircraft purchase-and-leaseback deal Read More »
Joramco, the Amman-based MRO specialist and engineering division of Dubai Aerospace Enterprise (DAE), has received official approval from Jordan’s Civil Aviation Regulatory Commission (CARC) to carry out both line and base maintenance on the Embraer ERJ-190 series powered by PW1900G engines. To secure this capability, Joramco undertook a comprehensive training initiative. The theoretical component was
Joramco approved to service next-generation Embraer E2 jets Read More »
Dubai Aerospace Enterprise (DAE) has signed agreements with two counterparties for the sale of approximately 75 aircraft in a move aimed at optimising its fleet composition and performance. While the financial terms of the transactions remain undisclosed, the strategic divestitures are part of the company’s ongoing efforts to streamline operations and align with targeted aircraft
DAE to sell 75 aircraft in strategic portfolio realignment Read More »
Dubai Aerospace Enterprise (DAE) has officially completed its acquisition of Nordic Aviation Capital (NAC), including all its consolidated subsidiaries, from NAC Holdings Limited. The deal, which was first announced in January 2025, has an enterprise value of approximately US$2 billion and significantly expands DAE’s global footprint in the aircraft leasing industry. Following the acquisition, DAE’s
DAE completes US$2 billion acquisition of Nordic Aviation Capital Read More »
Dubai Aerospace Enterprise (DAE) has announced it recently secured approximately US$282 million in cash settlements from selected insurance companies relating to aircraft formerly leased to airline operators in the Russia. These aircraft became subject to international leasing disputes following the imposition of global sanctions and the grounding of foreign-owned aircraft in Russia after the onset
DAE receives insurance settlements for aircraft leased in Russia Read More »
Dubai Aerospace Enterprise (DAE), the global aviation services corporation, has announced the delivery of the sixth and final Boeing 737 MAX aircraft to Aeromexico from its current orderbook. This delivery completes a mandate that included three Boeing 737-8 and three 737-9 aircraft. Aeromexico has been a valued customer of DAE for over ten years, during
DAE completes delivery of 737 MAX aircraft to Aeromexico Read More »
Dubai Aerospace Enterprise (DAE), a prominent global aviation services corporation, has signed agreements to acquire 17 aircraft for a total consideration of approximately US$1.0 billion. The newly acquired portfolio consists entirely of next-generation aircraft, with 89% being narrow-body models. Airbus accounts for 80% of the fleet, while Boeing makes up the remaining 20%. These aircraft
DAE bolsters fleet with US$1 billion investment in next-generation aircraft Read More »
Dubai Aerospace Enterprise (DAE) has announced the signing of a definitive agreement with K2 Aviation, a specialist investor in mid- to end-of-life aircraft. The deal involves the sale of seven Airbus and Boeing aircraft currently leased to six airline customers. As part of the agreement, DAE will also provide ongoing servicing for the assets sold.
DAE to sell seven aircraft to K2 Aviation Read More »
Dubai Aerospace Enterprise (DAE) has announced the signing of a definitive agreement to acquire 100% of the Nordic Aviation Capital group (NAC), an aircraft leasing company established over 30 years ago. Financial terms of the transaction were not disclosed. As of September 2024, NAC’s fleet consisted of 252 owned and committed assets leased to around
DAE signs agreement to acquire NAC Read More »
