Sunday 30 August 2015
 
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Dubai Aerospace

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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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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ICD to boost Dubai Aerospace stake in latest assets shuffle

Investment Corp of Dubai (ICD), which hold stakes in many of the emirate's top companies, expects to complete a deal to increase its stake in Dubai Aerospace Enterprise (DAE) by the end of the year, a top official told Reuters.

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ICD to boost Dubai Aerospace stake in latest assets shuffle

Investment Corp of Dubai (ICD), which hold stakes in many of the emirate's top companies, expects to complete a deal to increase its stake in Dubai Aerospace Enterprise (DAE) by the end of the year, a top official told Reuters.

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DAE ends tie-up talks with BBA Aviation

Dubai Aerospace Enterprise (DAE), owner of US-based engine repair and maintenance business StandardAero, said on Sunday it was no longer in talks with British aircraft services firm BBA Aviation to merge parts of its business. The

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Dubai Aerospace acting CEO quits

Troubled government-owned leasing firm Dubai Aerospace Enterprise (DAE), which cancelled orders from Boeing and Airbus last year, said its acting chief executive has resigned. George Mushahwar left DAE to start an independent business ven

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DAE reaches deal with lenders

Dubai Aerospace Enterprise (DAE) has reached an agreement with its existing lenders on a new, four-year credit facility to replace the existing facility maturing on July 23, the company said. The value of the credit facility was not given

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Dubai Aerospace swings to $10.4m profit

Majority state-owned firm Dubai Aerospace, whose leasing unit cancelled a major Airbus order in March, made a profit of $10.4 million in 2010 amid higher revenues, an earnings statement showed on Sunday. The Dubai-based aircraft leasing f

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