DAE completes US$2 billion acquisition of Nordic Aviation Capital

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 […]

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DAE receives insurance settlements for aircraft leased in Russia

Airports

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

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DAE has delivered the final of six 737 Max aircraft to Aeromexico © AirTeamImages

DAE completes delivery of 737 MAX aircraft to Aeromexico

Aircraft & Engines

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

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DAE bolsters fleet with US$1 billion investment in next-generation aircraft

Aircraft & Engines

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

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DAE will sell seven Being and Airbus aircraft to K2 Aviation

DAE to sell seven aircraft to K2 Aviation

Aircraft & Engines

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.

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DAE has agreed to acquire 100% of Nordic Aviation Capital

DAE signs agreement to acquire NAC

Financial

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

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Dubai Aerospace Enterprise (DAE) reports strong performance in 2024

Financial

Dubai Aerospace Enterprise (DAE), a global aviation services company, has released its business transactions update for the full year 2024, highlighting significant achievements across its capital and engineering divisions. DAE Capital demonstrated robust activity throughout the year, acquiring a total of 83 aircraft, with 30 owned and 53 managed. It also sold 68 aircraft, comprising

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DAE secures US$201 million in insurance settlements

Financial

Dubai Aerospace Enterprise (DAE) has received cash proceeds totalling approximately US$201 million over the past three months from settlements with selected insurance companies. These settlements pertain to aircraft that were previously leased to airline carriers in the Russian Federation. Following these settlements, DAE and its relevant affiliated entities have released their claims against the involved

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Hainan Airlines has signed lease agreements for four Boeing 737 aircraft from lessor DAE

Hainan Airlines signs lease agreements with DAE

Aircraft & Engines

Hainan Airlines and Dubai Aerospace Enterprise (DAE) have signed new lease agreements for four Boeing 737-8 aircraft, scheduled for delivery in late 2025 and early 2026. DAE CEO Firoz Tarapore highlighted that the deal strengthens DAE’s relationship with Hainan Airlines, emphasising DAE’s commitment to meeting the airline’s evolving fleet requirements. These advanced Boeing 737-8 aircraft

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DAE posts strong financial results for past nine months

Financial

Dubai Aerospace Enterprise (DAE) has released its financial results for the nine months ended September 30, 2024, revealing a 57% increase in profit before tax, which rose to 13% when excluding exceptional items. The company experienced a revenue growth of 3%, resulting in pre-tax profitability margins of 23% and a pre-tax return on equity of

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DAE completes US$2 billion acquisition of Nordic Aviation Capital

DAE receives insurance settlements for aircraft leased in Russia

DAE completes delivery of 737 MAX aircraft to Aeromexico

DAE bolsters fleet with US$1 billion investment in next-generation aircraft

DAE to sell seven aircraft to K2 Aviation

DAE signs agreement to acquire NAC

Dubai Aerospace Enterprise (DAE) reports strong performance in 2024

DAE secures US$201 million in insurance settlements

Hainan Airlines signs lease agreements with DAE

DAE posts strong financial results for past nine months

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