Dubai Aerospace Enterprise

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Dubai Aerospace Enterprise (DAE)

دبي لصناعات الطيران
Industry Aviation and Aircraft Leasing Industry
Founded Dubai (2006)
Founder Ahmed bin Saeed Al Maktoum
Headquarters Dubai, United Arab Emirates
Key people
Ahmed bin Saeed Al Maktoum (Chairman)
Khalifa Al Daboos (Managing Director)
Increase 15 Billion USD (2007)
Owner Public

Dubai Aerospace Enterprise (DAE) Ltd is a global aerospace corporation, founded in 2006. DAE originally had six divisions, but as of 2010 the company has narrowed its focus to two divisions: DAE Engineering and DAE Capital.

DAE Engineering[edit]

DAE Engineering initially provided global MRO services under the brand name StandardAero. In May 2015, DAE sold StandardAero to Veritas Capital,[1] and, focusing more on the region, announced it acquired an 80% stake in Jordan Aircraft Maintenance Limited (Joramco) in September 2016.[2]

DAE Capital[edit]

DAE Capital specialises in aircraft leasing, financing and other management services. DAE Capital is the largest aircraft leasing firm in the Middle East.[3] As of March 2017, DAE Capital has a fleet of 131 owned, managed or committed aircraft with a net book value of $5 billion, which are leased to various airlines around the world. In 2014, DAE announced a $1bn order of up to 40 ATR 72-600, to be delivered between 2015 and 2018[4]


DAE Capital Fleet[5]
Aircraft In Service On Order Notes
Airbus A319-100 8 0
Airbus A320-200 7 5
Airbus A330-200 11 0
Airbus A350-900 3 0
Boeing 737-700 3 0
Boeing 737-800 19 4
Boeing 777-200F 12 0 Leased to Emirates SkyCargo
Boeing 777-300ER 2 0
ATR 72-600 45 12
Total 110 21


  1. ^ "DAE sells StandardAero". 2015-05-26. Retrieved 2015-11-23. 
  2. ^ "Dubai Aerospace to buy 80 pct stake in Jordan maintenance firm". 2016-09-20. Retrieved 2016-09-20. 
  3. ^ "Dubai leasing firm makes $1 billion turboprop order". Reuters. 2014-02-12. Retrieved 2015-11-23. 
  4. ^ "Dubai Aerospace Enterprise Places $1billion Order for 40 ATRs | DUBAI AIRSHOW 2015". Retrieved 2015-11-23. 
  5. ^ "Portfolio Summary". DAE Capital. Retrieved 2013-10-26. 

External links[edit]