Saturday 25 November 2017
 
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Dubai Aerospace

Gulf Air inks leasing pact with DAE for 5 planes

Gulf Air, Bahrain’s national carrier, and Dubai Aerospace Enterprise (DAE) have signed an aircraft lease agreement for five Boeing 787-9 Dreamliner aircraft that are scheduled to enter the Gulf carrier’s fleet in 2018.

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Dubai Aerospace to acquire top aircraft leasing company

Dubai Aerospace Enterprise (DAE) has announced the signing of a definitive agreement to acquire 100 per cent of the Awas group of companies, a global leader in aircraft leasing. The transaction will take place from funds managed b

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Dubai Aerospace to buy 80pc stake in Joramco

Dubai Aerospace Enterprise (DAE), an aircraft leasing and maintenance company controlled by the government of Dubai, said on Tuesday it had agreed to buy an 80 per cent stake in Jordan Aircraft Maintenance Limited (Joramco). DAE s

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Dubai Aerospace in deal with Oman Air for 2 planes

Dubai Aerospace Enterprise (DAE), a globally recognised aerospace company, has announced a sale and leaseback agreement with Oman Air for two Boeing 737-800. The aircraft will be delivered to Oman Air in July and August 2016 as pa

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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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Dubai Aerospace sees 30-35 aircraft deals in 2016

Dubai Aerospace Enterprise (DAE), one of the few Gulf aircraft leasing firms, expects to add 30-35 planes to its current portfolio of 97 with significant demand seen coming from Iran, the company's chief executive said. Iran,

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Carlyle mulls Landmark Aviation sale for $1.7bn

Private equity firm Carlyle Group has been exploring a sale of aircraft leasing and maintenance company Landmark Aviation for as much as $1.7 billion, including debt, people familiar with the matter said. The business jet market i

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Carlyle mulls Landmark Aviation sale for $1.7bn

Private equity firm Carlyle Group has been exploring a sale of aircraft leasing and maintenance company Landmark Aviation for as much as $1.7 billion, including debt, people familiar with the matter said. The business jet market i

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Dubai Aerospace announces sale of MRO unit

Leasing firm Dubai Aerospace Enterprise (DAE) has announced the sale of its unit StandardAero, an engine maintenance, repair and overhaul (MRO) company, to an affiliate of private equity firm Veritas Capital. This comes following

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