Thursday 17 April 2014
 
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Dubai Aerospace Enterprise

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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Boeing books $1.2bn jet order cancellations

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

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Dubai Aerospace net income up 110pc

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

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Emirates seals DAE leasing deal

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

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DAE 2010 net income surges to $39m

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. Revenue

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DAE ‘in negotiation’ on Boeing, Airbus orders

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

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DAE places $270m CFM engine order

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

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Dubai Aerospace secures $500m loan facilities

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

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DAE receives 3 Airbus aircraft

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

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DAE Capital buys blended winglets

DAE Capital has placed an order for 50 ship sets of Blended Winglets with Aviation Partners Boeing (APB), a report said. The aircraft leasing and financial business arm of Dubai Aerospace Enterprise (DAE), is buying the winglets for its ne

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