Dubai-based global aviation services company Dubai Aerospace Enterprise (DAE) announced its key business results and commercial activities for 2025, having signed 273 lease agreements, extensions and amendments, 227 for owned aircraft and 46 for managed aircraft.
The company also carried out a long-term sale and leaseback of 10 B737-9 aircraft with United Airlines and leased 10 B737-8 aircraft to AJet on a long-term contract, according to a press release published on the Dubai Aerospace Enterprise website.
The company explained that in 2025 it completed the USD 2 billion acquisition of Nordic Aviation Capital, acquired 280 aircraft, 261 owned and 19 managed, and sold 112 aircraft, including 95 owned and 17 managed.
The company also priced a USD 610 million aircraft asset-backed securities (ABS) issuance in two tranches for one of the clients whose assets it manages.
The engineering division recorded more than 1.8 million man-hours during the year, carried out more than 320 aircraft checks and served more than 60 airlines from more than 30 countries across five continents.
At group level, Dubai Aerospace Enterprise raised USD 3.9 billion of debt financing with a weighted average maturity of 5.3 years, entered the sukuk market with a USD 650 million 5-year benchmark sukuk issuance and obtained a positive outlook from credit rating agency KBRA.
For his part, Firoz Tarapore, the company's CEO, explained that 2025 was an important milestone in Dubai Aerospace Enterprise's journey, adding that the leasing division ended the year with 35% fleet growth, placing it among the world's top 5 aircraft lessors by fleet size, while the engineering division continued to strengthen its position as a regional independent airframe maintenance and repair company.
It is worth noting that Dubai Aerospace Enterprise serves more than 200 airline customers in more than 80 countries from its locations in Dubai, Dublin, Amman, Singapore, Miami and Seattle. The leasing division manages a fleet of about 750 owned, managed, committed and mandated Airbus, ATR and Boeing aircraft worth nearly USD 23 billion, while the engineering division operates an advanced facility in Amman able to accommodate up to 22 widebody and narrowbody aircraft, approved by more than 30 global regulatory authorities.
To view the post on the Dubai Aerospace Enterprise website, click here.
