Dubai Aerospace Enterprise

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Dubai Aerospace Enterprise (DAE)

دبي لصناعات الطيران
Private company
IndustryAviation and Aircraft Leasing Industry
FounderAhmed bin Saeed Al Maktoum
HeadquartersDubai,
United Arab Emirates
Key people
Ahmed bin Saeed Al Maktoum (Chairman)
Khalifa Al Daboos (Managing Director)
OwnerDubai Investment Corporation
Websitewww.dubaiaerospace.com

Dubai Aerospace Enterprise (DAE) Ltd (Arabic: دبي لصناعات الطيران‎) is an aerospace corporation and one of the largest aircraft leasing companies in the world. Headquartered in Dubai and with over 30 years in business, DAE’s leasing and engineering divisions serve over 110 airline customers around the world from its seven locations in Dubai, Dublin, Singapore, New York, Miami, Seattle and Amman.

DAE Engineering[edit]

Located at the Queen Alia International Airport in Amman-Jordan, DAE’s engineering division, Joramco has a facility offering maintenance, repair and overhaul services for aircraft from the Airbus, Boeing and Embraer fleets.

DAE Capital[edit]

DAE Capital specialises in aircraft leasing, financing and other management services. DAE Capital services over 110 customers in 55 countries across the globe. DAE Capital is the largest aircraft leasing firm in the Middle East.[1] DAE Capital has a fleet of approximately 355 owned, managed or committed aircraft with a net book value in excess of $14 billion, which are leased to various airlines around the world.[2][3]

In August 2017, DAE completed the acquisition of Dublin-based AWAS, propelling DAE into the top tier of global aircraft lessors.[2]

References[edit]

  1. ^ "Dubai leasing firm makes $1 billion turboprop order". Reuters. 2014-02-12. Retrieved 2015-11-23.
  2. ^ a b "Dubai Aerospace completes AWAS acquisition, jets into top tier". Reuters. 20 August 2017. Retrieved 2017-08-20.
  3. ^ "Portfolio Summary". DAE Capital. Retrieved 2019-06-23.