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A service for airline industry professionals · Friday, January 24, 2020 · 0 Articles · 3+ Million Readers
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DAE (Dubai Aerospace Enterprise) News Monitoring

  • Published on Jan 22, 2020

    DAE takes $300m in Chinese loan deal

    Frequent syndicated loan borrower and United Arab Emirates-based aircraft lessor Dubai Aerospace Enterprise has raised a $300m term loan with Chinese banks. The four year $300m unsecured term loan can be increased to $500m. The loan was signed with China …

    Source: Beijing News
  • Published on Jan 20, 2020

    DAE signs new $300m term loan with China banks

    Dubai Aerospace Enterprise (DAE) has signed a $300 million four-year unsecured term loan with China Construction Bank (DIFC Branch) and China Construction Bank (Asia) Corporation to support the needs of the business.   The principal amount of the loan can …

    Source: Trade Arabia
  • Published on Jan 17, 2020

    EmpowerMX rolls out transformative core MRO platform for...

    EmpowerMX rolls out transformative core MRO platform for Joramco, replacing legacy point solutions EmpowerMX accelerates digital transformation of Joramco’s paperless initiative towards real-time MRO operations FRISCO, Texas (PRWEB) January 16, 2020 …

    Source: SF Gate
  • Published on Jan 14, 2020

    DAE fleet size exceeds 400 aircraft in 2019

    Dubai Aerospace Enterprise (DAE), one of the largest aircraft leasing companies in the world, said that the    number of owned, managed and committed to own and manage aircraft in its fleet grew to about 410 in 2019. DAE’s  leasing division DAE Capital …

    Source: Trade Arabia
  • Published on Jan 13, 2020

    DAE assets portfolio valued at $3.5b

    Dubai Aerospace Enterprise (DAE) announced, on Monday, that it remains committed to manage assets portfolio to over 125 aircraft valued at $3.5 billion. Giving key strategic and operational highlights of DAE's leasing division, DAE Capital, in 2019, a …

    Source: Khaleej Times
  • Published on Jan 7, 2020

    UAE's ambitions soar with aviation

    Ever since the opening up of its skies in 1937, Dubai has achieved a quantum leap and is now a force to reckon with in aviation. The vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of UAE and Ruler of Dubai, …

    Source: Khaleej Times
  • Published on Nov 24, 2019

    How We Got Such A Great Airliner

    Managing Director and CEO Fiji Airways, speaking at yesterday’s arrival at Nadi INTERNATIONAL Airport of the airline’s first Airbus A350-900 XWB Bula and Welcome to Our Home. Ladies and Gentlemen, we have a lot to be proud of today ….. Fiji Airways, is the …

    Source: Fiji Sun
  • Published on Nov 16, 2019

    ANALYSIS: DAE switches focus from big order to possible acquisition

    Do not expect Dubai Aerospace Enterprise (DAE) to be among the big spenders at its home show. Not long ago, a mega, 400-narrowbody order seemed on the cards from the government-owned entity – which vaulted into the top echelon of lessors with its 2017 …

    Source: Aviation News and Aviation Jobs from Flight Global
  • Published on Nov 7, 2019

    DAE's nine-month net revenue soars to $1.07bn

    Dubai Aerospace Enterprise (DAE), one of the largest aircraft leasing companies in the world, has reported a net revenue of $1.07 billion for the first nine months of 2019 compared to $1.06 billion last year.   Announcing the financial results for the nine …

    Source: Trade Arabia
  • Published on Nov 12, 2019

    Liquidity Shortage of Asiana Airlines Attributed to Excessive Government Regulations - Korea

    Korean Air CEO Woo Ki-hong said on Nov. 11 that the South Korean government’s excessive regulations and excessively customer-oriented policies led to the current issues related to Asiana Airlines. “Trade disputes between South Korea and Japan have …

    Source: South Korea News
  • Published on Oct 17, 2019

    MNG Airlines signs new base manintenance agreement With Joramco

    in Maintenance Posted 17 October 2019 · Add Comment Joramco, the Amman based MRO and the engineering arm of Dubai Aerospace Enterprise (DAE), has signed a new base maintenance agreement with MNG Airlines; a Turkish cargo airline headquartered in Istanbul, …

    Source: Arabian Aerospace
  • Published on May 11, 2019

    Dubai Aerospace Enterprise profit up 3 percent

    (MENAFN) Net profit Dubai Aerospace Enterprise (DAE) registered from January to March 2019 stood at USD99 million to indicate a jump by 3 percent on annual basis. Revenues during the first three months of this year for the largest aircraft lessor reached …

    Source: MENAFN
  • Published on Dec 18, 2019

    Joramco adds the Boeing 777 and the Airbus A320neo to its GCAA approval

    in Maintenance Posted 18 December 2019 · Add Comment Joramco, the Amman based MRO and the engineering arm of Dubai Aerospace Enterprise (DAE), has announced that it has extended its United Arab Emirates approval, the GCAA, to include the Boeing 777 and the …

    Source: Arabian Aerospace
  • Published on Feb 27, 2019

    Dubai Aerospace Enterprise FY Pre-Tax Profit Up 135 Pct

    Feb 25 (Reuters) - ADF Foods Ltd ::SEBI IMPOSED PENALTY OF 10.2 MILLION RUPEES ON CERTAIN PROMOTERS OF CO.PENALTY IN INSIDER TRADING CASE FOR TRADING IN CO'S SHARES WHILE IN POSSESSION OF UNPUBLISHED PRICE SENSITIVE INFORMATION.NONE OF THE PERSONS …

    Source: Reuters
  • Published on Aug 6, 2019

    DAE signs three loan deals to raise $490m

    Dubai Aerospace Enterprise (DAE), one of the largest aircraft leasing companies in the world, said that it had signed agreements to raise an additional $490 million from three loan agreements. These agreements will have maturities of between three and …

    Source: Trade Arabia
  • Published on Oct 16, 2018

    KBRA Assigns Issuer Rating of BBB+ and Senior Unsecured Debt Rating of BBB to Dubai Aerospace Enterprise Ltd.

    Kroll Bond Rating Agency (KBRA) assigns issuer and senior unsecured debt ratings of BBB+ and BBB, respectively to Dubai Aerospace Enterprise Ltd. ("DAE" or "the Company"), an aerospace and aircraft leasing company headquartered in Dubai …

    Source: Tradingcharts.com
  • Published on Oct 4, 2018

    Dubai Aerospace Enterprise closes $800m loan facility

    Dubai-based aircraft leasing firm says loan facility attracted numerous banks, substantial oversubscriptions Dubai Aerospace Enterprise Ltd has successfully closed its $800 million revolving loan facility, which was launched in May of this year. Dubai …

    Source: Arabian Business
  • Published on Dec 3, 2019

    DAE mandated to build managed fleet to $3.5bn

    Dubai Aerospace Enterprise (DAE), one of the largest aircraft leasing companies in the world, said that its managed aircraft portfolio with current aircraft under management plus mandates to source and manage portfolios for third party investor customers …

    Source: Trade Arabia
  • Published on Aug 10, 2018

    Dubai Aerospace Enterprise sees revenue more than triple in H1

    Dubai Aerospace Enterprise (DAE) Ltd announced on Saturday that its revenue for the first half of 2018 more than tripled compared to the year-earlier period. DAE said in a statement that total revenue rose to $711.4 million from $228.7 million for the same …

    Source: Arabian Business
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