"Dubai Aerospace Enterprise" Announces the results of its business operations for the year 2025
DUBAI, 5 JANUARY / WAM / Dubai Aerospace Enterprise today announced the results of its business and commercial operations for the entire year 2025.
According to a press release issued today, the group raised financing worth $3.9 billion through borrowing with a weighted average maturity period of 5.3 years. It also entered the sukuk market by issuing a reference sukuk worth $650 million for a duration of 5 years, and obtained a positive outlook from the credit rating agency KBRA.
According to the statement, the aircraft leasing department continued its growth, with the signing and completion of the acquisition deal with Nordic Aviation Capital worth two billion dollars, and the acquisition of 280 aircraft, “261 of which are owned and 19 managed.” The year also witnessed the sale of 112 aircraft, “95 of which are owned and 17 are managed.”
Last year also witnessed the signing of 273 leasing, extension and amendment agreements (227 owned and 46 managed).
A long-term sale and leaseback deal for ten Boeing 737-9 aircraft was signed and completed with United Airlines, a long-term lease of ten Boeing 737-8 aircraft to AJet, and an issuance of bonds backed by aircraft assets worth $610 million, distributed over two tranches, was priced for the benefit of a client whose assets are managed by the company.
The company’s engineering department, DAE Engineering, recorded more than 1.8 million man-hours, performed more than 320 aircraft inspections, served more than 60 airlines from more than 30 countries on 5 continents, and opened a new five-lane hangar, increasing capacity by 30%.
Firoz Tarapore, CEO of DAE, said on this occasion that the year 2025 represented a new turning point in DAE’s journey, as it continued to expand its global presence and strengthen its position as a leading company in aviation services.
He pointed out that the aircraft leasing division of the company, DAE Capital, ended the year with a growth in fleet size of 35%, which qualified it to enter among the five largest companies in the world in the field of aircraft leasing in terms of fleet size, while DAE Engineering continues to consolidate its position as an independent and regional leader in aircraft structure maintenance and repair.
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