DAE reports 2019 highlights

Dubai Aerospace Enterprise (DAE) has announced its 2019 key strategic and operational highlights for its leasing division, DAE Capital.  During 2019, DAE Capital delivered and committed to deliver over US$1.75 billion in aircraft assets. The lessor grew its managed and committed to manage assets portfolio to over 125 aircraft valued at US$3.5 billion. DAE Capital also issued US$1.9 billion of new unsecured debt; its unsecured debt-to-total deb ratio is now 61.5% During 2019, DAE Capital repurchased US$807 million of common share, and reduced notes receivable from shareholder by US$700 million DAE Capital’s owned, managed and committed to own and manage