Kroll Bond Rating Agency has upgraded the issuer and senior unsecured ratings of Dubai Aerospace Enterprise (DAE) to A- from BBB+, with the outlook revised to stable.The upgrade reflects DAE’s expandi...
Dubai Aerospace Enterprise (DAE) has agreed to lease 13 new Boeing 737-8 aircraft to Royal Air Maroc as part of the carrier’s fleet expansion programme.The aircraft are scheduled to be delivered in 20...
Dubai, U.A.E., 26 January 2026 – Dubai Aerospace Enterprise (DAE) Ltd today announced that it has reached an agreement with Somon Air for the lease of 2 new Boeing 737-8 aircraft. The aircraft are sch...
Dubai Aerospace Enterprise (DAE) reported a profit of $566.7 million for the first nine months of 2025, up from $310.8 million in the same period last year.Pre-tax profits doubled from $326.6 million ...
Dubai Aerospace Enterprise (DAE) has reported an increase in first-half profit, driven by its recent acquisition of Nordic Aviation Capital (NAC) and cost efficiencies from debt refinancing and integr...
Dubai Aerospace Enterprise (DAE) has received the applicable requisite antitrust clearance to finalise its acquisition of Nordic Aviation Capital (NAC), with the transaction expected to close in May, ...
Shareholders of Nordic Aviation Capital (NAC) have approved the company’s acquisition by Dubai Aerospace Enterprise (DAE), which was announced in January.Over 85% of the company's shareholders voted i...
Dubai Aerospace Enterprise (DAE) has reported its operational results for 2024, including the acquisition of 83 aircraft and the sale of 68 during the year.Of the aircraft acquired, 30 were owned and ...
Dubai Aerospace Enterprise (DAE) secured a settlement agreement with insurer AXA in relation to aircraft stranded in Russia following the country's 2022 invasion of Ukraine, Reuters reported. It comes...
Airline chief executives are becoming more vocal about the ongoing situation surrounding Boeing and the impact it is having on their businesses. The embattled airframe manufacturer has been the foc...
Dubai Aerospace Enterprise (DAE) reported a total revenue of $343.6 million for the first quarter of 2024, up 9% from 2023's first quarter result of $315.2 million. It reported a profit of $67.8 milli...
Dubai Aerospace Enterprise (DAE) has signed a $420 million 5-year unsecured term loan with China Construction Bank DIFC Branch and China Construction Bank Asia. ""This term loan will serve to further ...
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