Dubai Aerospace Enterprise Explained

Dubai Aerospace Enterprise (DAE)
دبي لصناعات الطيران
Type:Private company
Founder:Ahmed bin Saeed Al Maktoum
Location Country:United Arab Emirates
Location:Dubai
Key People:Ahmed bin Saeed Al Maktoum (Chairman)
Khalifa Al Daboos (Managing Director)
Industry:Aviation and Aircraft Leasing Industry
Owner:Investment Corporation of Dubai

Dubai Aerospace Enterprise Ltd (DAE) (Arabic: دبي لصناعات الطيران) is a global aviation services company 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

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

DAE Capital specialises in aircraftleasing, financing and other management services. DAE Capital services over 110 customers in 55 countries across the globe. DAE Capital is the largestaircraft leasing firm in the Middle East.[1] DAECapital has an owned, managed, committed and mandated to manage fleet of approximately 425 Airbus, ATR and Boeing aircraft with a fleet value exceeding US$16 billion, whichare 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.

Notes and References

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