Finance

DAE profit climbs over 30% in 2024

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DAE profit climbs over 30% in 2024

Dubai Aerospace Enterprise (DAE) profit for 2024 climbed 36.2% to $477.5 million. Revenues for the year were $1.3bn, up 8.7% compared to 2023. Lease revenues for the year were $1.2bn, compared to $1.1bn in 2023. The company’s operating profit was $711.1 million, up 19.4%, which was driven by high...

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