Sunday 4 December 2016
 
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DAE announces sale and leaseback of three Airbus A350-900

Dubai Aerospace Enterprise (DAE) has delivered its first Airbus A350-900 aircraft to Vietnam Airlines under a sale and leaseback agreement covering three Airbus A350-900 aircraft. The remaining two aircraft are scheduled to be del

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DAE completes acquisition of Jordan aviation group

Dubai Aerospace Enterprise (DAE) said it has completed the acquisition of 80 per cent stake in Jordan Aircraft Maintenance Limited (Joramco) from The Abraaj Group. The agreement to purchase was previously announced on September 20

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DAE completes acquisition of Jordan aviation group

Dubai Aerospace Enterprise (DAE) said it has completed the acquisition of 80 per cent stake in Jordan Aircraft Maintenance Limited (Joramco) from The Abraaj Group. The agreement to purchase was previously announced on September 20

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DAE to acquire 80pc of Joramco

Dubai Aerospace Enterprise (DAE), a leading aerospace company based in Dubai, has signed a definitive agreement to acquire 80 per cent of Jordan Aircraft Maintenance (Joramco) from The Abraaj Group.   Terms of the transaction

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DAE to acquire 80pc of Joramco

Dubai Aerospace Enterprise (DAE), a leading aerospace company based in Dubai, has signed a definitive agreement to acquire 80 per cent of Jordan Aircraft Maintenance (Joramco) from The Abraaj Group.   Terms of the transaction

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DAE 2015 income surges 283pc to top $610m

Dubai Aerospace Enterprise (DAE), a globally recognised aerospace company, has reported net income for 2015 of $610.4 million (Dh2.243 billion), an increase of 283 per cent from $159.5 million (Dh586 million) in 2014. The net income inc

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DAE 2015 income surges 283pc to top $610m

Dubai Aerospace Enterprise (DAE), a globally recognised aerospace company, has reported net income for 2015 of $610.4 million (Dh2.243 billion), an increase of 283 per cent from $159.5 million (Dh586 million) in 2014. The net income inc

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DAE backs Aerospace Supply Chain Summit

Dubai Aerospace Enterprise (DAE) has signed on as the Presidential Sponsor for the Aerospace Supply Chain Summit 2016 to be hosted by Dubai South (formerly known as Dubai World Central).   The 145-sq-km city that

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Dubai's DAE to sell StandardAero to Veritas Capital fund

Leasing firm Dubai Aerospace Enterprise (DAE) has agreed to sell StandardAero, an engine maintenance, repair and overhaul (MRO) company, to an affiliate of private equity firm Veritas Capital, it said in a statement on Tuesday. Du

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DAE net income up 43pc

Dubai Aerospace Enterprise (DAE), the largest aircraft leasing firm in the Middle East, reported a net income of Dh586 million ($159.5 million) for 2014, up 43 per cent from the same period the previous year. Revenue for 2014 increased

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