Money and business

$1.3 billion in Dubai Aerospace Enterprise revenues in 9 months

Yesterday, Dubai Aerospace Enterprise announced its financial results for the first nine months of this year, recording a 100% increase in pre-tax profits to reach $653 million, while revenues reached $1.3 billion, an increase of 26%, compared to the same period last year.

The company stated in a statement that the number of aircraft acquired reached 263 aircraft, including 249 owned aircraft and 14 managed aircraft, while the number of aircraft sold reached 59 aircraft (48 owned and 11 managed), indicating that the number of aircraft owned, managed and on order in the fleet reached 726 aircraft.

The CEO of DAE, Fayrouz Tarapore, said: “Revenues for the nine months ending September 30, 2025 witnessed an increase of 26% to reach $1.3 billion, which led to a doubling of pre-tax profits by 100% to reach $653 million. The pre-tax profit margin and return on equity also increased to 26.7% and 13.6%, respectively, while capital adequacy and financing indicators continued. Liquidity is within internally targeted limits, also in line with stakeholders’ expectations.”

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