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.
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.
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.
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.
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.
Dubai Aerospace Enterprise (DAE) has reached an agreement with Somon Air for the lease of 2 new Boeing 737-8 aircraft. The aircraft are scheduled to deliver in 2026.