Dae Reports 1H 2019 Highlights



Dubai, U.A.E., 11 July 2019 – Dubai Aerospace Enterprise (DAE) Ltd. today announced its 1H 2019 key strategic and operational highlights for its leasing division, DAE Capital:

Strategic and operational highlights:

Delivered and committed to delivering over US$1.1 billion in aircraft assets
Grew managed assets portfolio to 51 aircraft valued at US$1.3 billion
Boosted liquidity by adding a new US$440 million revolving credit facility
Increased Unsecured-Debt-To-Total-Debt ratio to nearly 60%
Repurchased shares held by EMAAR – now 100% owned by ICD

Operational metrics:

Owned, managed and committed aircraft in fleet: 357
Customers: 110; Countries: 56
Portfolio utilization: 99.2%

New aircraft purchased: 8
Aircraft assets sold: 20
Lease transactions completed: 24

The average age of the owned fleet: 5.9 years
Average lease term remaining on owned fleet: 6.4 years
About DAE
Dubai Aerospace Enterprise (DAE) Ltd. is a globally recognized aerospace corporation and one of the largest aircraft leasing companies in the world. Headquartered in Dubai, DAE's leasing and engineering divisions serve over 125 airline customers around the world from its seven locations in Dubai, Dublin, Amman, Singapore and the US.
DAE's award-winning leasing division DAE Capital has an owned, managed and committed fleet of approximately 365 Airbus, ATR and Boeing aircraft with a fleet value of US$14 billion.

Latest Press Releases

Six Boeing 737-800 aircraft to operate as all-cargo flights



An action plan can help consumer goods companies navigate uncertainty.



Reading festival will be held for 10 days from May 27 to June 5, 2020



A gesture of appreciation to healthcare workers at the forefront



Region’s first fully digital collectable scheme



Measure ensures safety of more than 77,000 people living in DSO



Related Links_

Google ADS

Other Info_


Health Care

Multi Specialty medical facilities, government hospitals & private clinics



Nurseries, Kindergardens, Schools, Colleges, Universities & Higher Education


Popular Restaurants

Dining in Dubai - selection of restaurants where you can relax & enjoy a variety of cuisines of choice

Jobs at Dubai_

Find latest Dubai Jobs & Vacancies from placement agencies, employers & recruitment consultants in Dubai, Abu Dhabi & other Emirates in UAE.

Dubai Tours & Packages_

Book quality Dubai tours, best Dubai holiday packages with visas & Dubai hotel booking with special offers & discounts


Unsupported Browser

This website includes CSS elements that your browser does not support. Please upgrade your browser to a current version, then come back and try again.

Upgrade your Browser for more experience

Chrome Firefox Safari Edge