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
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
Boeing Company said customers cancelled orders for six planes worth nearly $1.9 billion at list prices, and booked orders for two planes worth $700 million.
In its latest tally, Boeing showed cancellations for five 747-8 jumbo jet
Dubai Aerospace Enterprise (DAE) said its full year net income for 2011, excluding non-recurring items, surged 110 per cent to hit Dh298.7 million ($81.3 million) compared to Dh142.6 million the previous year.
DAE is a globally recognized
Dubai national carrier Emirates Airline said it has reached an agreement with DAE Capital for the leasing of nine new Boeing 777 Freighters on a long-term basis.
DAE Capital is the aircraft leasing division of Dubai Aerospace Ent
Dubai Aerospace Enterprise (DAE), a leading provider of maintenance, repair and overhaul (MRO) services, posted net income of $38.8 million (Dh 142.6 million) for the year 2010, compared to $4.8 million (Dh 17.6 million) for 2009.
State-owned Dubai Aerospace Enterprise (DAE) was 'in negotiation' with Boeing and Airbus regarding its aircraft orders, the emirate's finance chief said on Thursday.
'It's in negotiation,' said Abdelrahman al Saleh
Dubai Aerospace Enterprise (DAE) has selected CFM56-5B engines to power 20 new Airbus A320 family aircraft, in an order valued at $270 million at list price.
DAE is scheduled to begin taking delivery in early 2011. These 20 aircraft are pa
State-owned Dubai Aerospace Enterprise (DAE) said on Wednesday it has secured export-import credit facilities worth $500 million to finance 10 Boeing aircraft.
The deal, which was signed with the Export-Import Bank of the United States, wi
Dubai Aerospace Enterprise (DAE), has bought three Airbus aircraft which were ordered by Kingfisher Airlines in a sale and leaseback deal, a report said.
DAE Capital revealed that Airbus has delivered three new Pratt and Whitney-powered Ai