Monday 10 December 2018
 
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Dubai Aerospace Enterprise

DAE 9-month revenue more than doubles to $1bn

Dubai Aerospace Enterprise (DAE) reported total revenue of $1.069 billion (Dh3.926 billion) for the nine months ended September 30, 2018, an increase of 124 per cent from $477.5 million (Dh1.753 billion) for the same period in 2017.

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DAE closes $800m revolving loan facility

Dubai Aerospace Enterprise (DAE) has announced that it had successfully closed its $800 million revolving loan facility launched in May this year. The credit facility, initially launched for $480 million, attracted the appetite from a broad grou

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DAE closes $800m revolving loan facility

Dubai Aerospace Enterprise (DAE) has announced that it had successfully closed its $800 million revolving loan facility launched in May this year. The credit facility, initially launched for $480 million, attracted the appetite from a broad grou

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DAE’s Jordanian unit wins key approval for Boeing 787

Dubai Aerospace Enterprise (DAE) said its Jordan-based engineering division Joramco has successfully obtained EASA Part 145 approval for the Boeing 787 aircraft type. The approval comes after Joramco obtained similar approval for

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DAE’s Jordanian unit wins key approval for Boeing 787

Dubai Aerospace Enterprise (DAE) said its Jordan-based engineering division Joramco has successfully obtained EASA Part 145 approval for the Boeing 787 aircraft type. The approval comes after Joramco obtained similar approval for

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DAE names new chief for Jordanian unit

Dubai Aerospace Enterprise (DAE) said it has appointed Jeff Wilkinson as the new chief executive officer of its subsidiary company, Jordan Aircraft Maintenance (Joramco). Wilkinson was most recently chief executive of Etihad Airwa

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DAE names senior strategic advisor

Dubai Aerospace Enterprise (DAE) has appointed Bertrand Grabowski, an aviation finance professional, as the new senior strategic advisor for the UAE-based organisation. Grabowski was most recently member of the board of directors

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DAE names senior strategic advisor

Dubai Aerospace Enterprise (DAE) has appointed Bertrand Grabowski, an aviation finance professional, as the new senior strategic advisor for the UAE-based organisation. Grabowski was most recently member of the board of directors

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DAE revenue soars to record $2.1bn

Dubai Aerospace Enterprise (DAE), the largest aircraft leasing firm in the Middle East, said its revenue for the whole of 2013 surged to a record $2.1 billion from $1.94 billion the previous year. The net income rose to $111.6 mil

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DAE in tie-up talks with British firm

Dubai Aerospace Enterprise (DAE) said it is in preliminary talks with leading British multinational aviation services company BBA Aviation for a possible alliance of certain units of its business. The London-headquartered BBA Aviation i

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