Dubai Aerospace Enterprise (DAE) closed the financial results for the first nine months of 2022 with a cash liquidity of $2.8bn with an increased cash flow from operating activities of $956.6 million. The Group closed the profit before exceptional items with an increase of 125% at $203.6 million. Commenting on the results, Firoz Tarapore, Chief Executive Officer of DAE, said: “The global shortage of aircraft availability and a rising interest rate environment is resulting in higher lease rental rates and robust residual values for the existing fleet. We continue to see demand for aircraft from airlines globally as travel demand

This content is restricted to site members.

If you are an existing user, please login below.
New users may register below.

Existing Users Log In