DAE builds order book to $3.5 billion

Dubai Aerospace Enterprise has reached a significant milestone in the growth of its managed aircraft portfolio with current aircraft under management plus mandates to source and manage portfolios for third party investor customers reaching $3.5 billion. Since announcing the DAE Aircraft Investor Services (AIS) product in January 2018, DAE has grown its managed fleet to over $2.5 billion today, managing four aircraft ABS securitisations as well as aircraft for several investor partners.  Following the latest portfolio sale agreement announced in October, DAE’s managed fleet has grown to 75 aircraft. DAE will continue to build its managed fleet as it fulfills existing mandates