Azorra has announced the acquisition of an Airbus A220-300 order portfolio from Dubai Aerospace Enterprise (DAE). The deal includes eight A220-300 aircraft, two of which are currently leased to TAAG Angola Airlines, representing Azorra’s first leasing relationship with the carrier. The remaining six aircraft are due for delivery in 2027 and 2028, increasing Azorra’s total […]
Azorra to acquire DAE’s Airbus A220 order book Read More »
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
Dubai Aerospace Enterprise releases Q3 2025 results 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 »
Dubai Aerospace Enterprise (DAE) a global aviation services company, has announced the signing of a US$420 million five-year unsecured term loan with China Construction Bank (DIFC Branch) and China Construction Bank (Asia) Corporation Limited (CCB). This financing initiative aims to support DAE’s future financial requirements. Firoz Tarapore, CEO of DAE, expressed his satisfaction with the
Dubai Aerospace Enterprise secures US$420 million unsecured term loan with CCB Read More »
