Shahin Mehrabanzad Vice President Engine Programmes and Support Solutions

Azorra expands engine portfolio with DAE deal

Azorra has announced the successful acquisition of nine General Electric CF34-10E engines from Dubai Aerospace Enterprise (DAE). The CF34-10E engines, which power Embraer E190 and E195 aircraft, will be incorporated into Azorra’s existing engine portfolio and leased to airline customers worldwide. Shahin Mehrabanzad, Vice President – Engine Programmes and Support Solutions, said: “Our latest engine […]

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DAE will sell seven Being and Airbus aircraft to K2 Aviation

DAE to acquire Macquarie AirFinance in US$7bn deal

Financial, Top Stories

Dubai Aerospace Enterprise (DAE) has entered into a definitive agreement to acquire 100% of Macquarie AirFinance (MAF) for an approximate enterprise value of US$7 billion. The combined group will have a pro forma fleet of 1,029 owned, managed and committed aircraft and will serve 191 airline customers across 79 countries. Narrow-body aircraft will account for

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DAE posts 21% revenue increase for 2025

Financial

Dubai Aerospace Enterprise (DAE) has announced its financial results for the year ended December 31, 2025, delivering strong growth in revenue, profitability and overall asset base. Total revenue reached US$1,725.2 million in 2025, up from US$1,429.6 million in 2024. This represents an increase of US$295.6 million, or 20.7%. The rise was primarily driven by higher

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DAE and Royal Air Maroc have signed new lease agreements for additional B737-8 aircraft

DAE agrees 13-aircraft Boeing 737-8 lease with Royal Air Maroc

Aircraft & Engines

Dubai Aerospace Enterprise (DAE) has reached an agreement with Royal Air Maroc for the lease of 13 new Boeing 737-8 aircraft, scheduled for delivery in 2027. This follows an earlier agreement for two Boeing 737-8 aircraft, which were delivered in 2025. Firoz Tarapore, Chief Executive Officer of DAE, said the company was pleased to partner

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Somon Air will lease two B737-8 aircraft from DAE

DAE agrees Boeing 737-8 lease with Somon Air

Aircraft & Engines

Dubai Aerospace Enterprise (DAE) has entered into an agreement with Somon Air for the lease of two new Boeing 737-8 aircraft, scheduled for delivery in 2026. Commenting on the agreement, Firoz Tarapore, Chief Executive Officer of DAE, said: “We are delighted to announce the signing of the aircraft lease agreements with Somon Air, a new

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DAE completes landmark transactions in 2025

Aircraft & Engines

Dubai Aerospace Enterprise (DAE), the global aviation services company, has reported its business transactions update for the full year 2025. During the year, DAE Capital signed and closed the US$2.0 billion acquisition of Nordic Aviation Capital, significantly expanding its platform. The company acquired a total of 280 aircraft, comprising 261 owned and 19 managed assets,

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DAE secures major B737-8 deal to support AJet’s rapid expansion

Aircraft & Engines

Dubai Aerospace Enterprise (DAE) has finalised long-term lease agreements with AJet and Turkish Airlines for ten new Boeing 737-8 aircraft, with deliveries set for 2026 and 2027. The deal reinforces DAE’s longstanding relationship with Turkish Airlines while directly supporting the rapid growth of AJet, Türkiye’s newly rebranded low-cost carrier. Firoz Tarapore, Chief Executive Officer of

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Dubai Aerospace Enterprise releases Q3 2025 results

Financial

Dubai Aerospace Enterprise (DAE) has released its financial results for the nine months (Q3) ending September 30, 2025. Financial Results: Total revenue rose to US$ 1,277.7 million, up 25.6% from US$ 1,017.1 million in the same period last year, driven by incremental lease revenue from newly acquired aircraft and higher maintenance income. Profit for the

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Fraser Currie (l) and Adam Voss (r) Joramco

Adam Voss named CEO, Joramco, Fraser Currie joins DAE

People

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

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DAE, United sign ten-aircraft purchase-and-leaseback deal

Aircraft & Engines

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

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Azorra expands engine portfolio with DAE deal

DAE to acquire Macquarie AirFinance in US$7bn deal

DAE posts 21% revenue increase for 2025

DAE agrees 13-aircraft Boeing 737-8 lease with Royal Air Maroc

DAE agrees Boeing 737-8 lease with Somon Air

DAE completes landmark transactions in 2025

DAE secures major B737-8 deal to support AJet’s rapid expansion

Dubai Aerospace Enterprise releases Q3 2025 results

Adam Voss named CEO, Joramco, Fraser Currie joins DAE

DAE, United sign ten-aircraft purchase-and-leaseback deal

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