Dubai Aerospace Enterprise

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DAE seals purchase, leaseback agreement with Saudia

Mon, 10 Aug 2026

Dubai Aerospace Enterprise (DAE), the global aviation services company, has signed a purchase agreement with Saudia, the kingdom's national flag carrier, for four new Boeing 777F planes and also entered into long-term leases for these aircraft, delivering between this October and May next year.

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New DAE-Neuberger leasing venture aims to invest $5bn in aircraft assets

Tue, 07 Jul 2026

Dubai Aerospace Enterprise (DAE) and Neuberger Specialty Finance on Monday announced an agreement to launch Mustang Aerospace (Mustang), a new aircraft leasing co-investment venture.

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DAE completes $9bn Macquarie AirFinance acquisition

Wed, 29 Jul 2026

Dubai Aerospace Enterprise (DAE) has completed its acquisition of 100% of the outstanding share capital of Macquarie AirFinance (MAF) and its subsidiaries in a deal with an enterprise value of approximately $9 billion.

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DAE posts $229.9m H1 profit as global aircraft portfolio grows

Wed, 29 Jul 2026

Dubai Aerospace Enterprise (DAE) reported strong first-half 2026 results, with revenue rising to $865.9 million and profit before tax reaching $229.9 million, reflecting continued growth and a 26.6% pre-tax margin.

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Joramco Academy opens student applications for aircraft MRO programme

Sun, 07 Jun 2026

Joramco Academy, a unit of the Amman-based aircraft maintenance, repair and overhaul (MRO) facility and engineering arm of Dubai Aerospace Enterprise (DAE), has announced that it has begun accepting student applications for its Aircraft Maintenance program for this year.

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DAE, Blackstone Credit seal $1.6bn aviation leasing investment deal

Thu, 09 Apr 2026

Dubai Aerospace Enterprise (DAE) has announced a partnership agreement with Blackstone Credit & Insurance to launch a new long-term global investment programme branded Equator that will focus on aircraft on lease to commercial airlines, with a target deployment of $1.6 billion annually.

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DAE Q1 profit before tax rises to $120.4m, revenue hits $455.5m

Wed, 29 Apr 2026

Dubai Aerospace Enterprise reported Q1 2026 revenue of $455.5 million, up from $395.9 million a year earlier, while profit before tax increased to $120.4 million from $101.2 million in the same period last year.

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Joramco renews MRO agreement with top Indian carrier IndiGo

Sat, 14 Mar 2026

Joramco, the Amman-based aircraft maintenance, repair and overhaul (MRO) facility and a unit of Dubai Aerospace Enterprise, has renewed its agreement with Indian carrier IndiGo. The scope of work includes performing C-checks, lease return work and aircraft paint jobs on IndiGo’s A320neo fleet.

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DAE strikes deal to acquire Macquarie AirFinance for $7bn

Thu, 26 Feb 2026

Dubai Aerospace Enterprise (DAE) has signed an agreement to acquire 100% of Macquarie AirFinance for an enterprise value of $7 billion. The combined company will have a pro forma fleet of 1,029 owned, managed and committed aircraft and will serve 191 airline customers in 79 countries.

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DAE completes delivery of 10 Boeing 737-9 aircraft to United Airlines

Wed, 26 Nov 2025

Dubai Aerospace Enterprise (DAE), a global aviation services corporation, announced that it had delivered all 10 Boeing 737-9 aircraft to United Airlines under its previously disclosed sale-and-leaseback agreement.