Dubai Aerospace Enterprise Reports Strong Financial Results, Completes Macquarie AirFinance Acquisition
Dubai Aerospace Enterprise (DAE) announced robust financial performance alongside the finalization of its acquisition of Macquarie AirFinance Limited (MAF). The company reported a net profit of $102.2 million for the period, according to a recent filing.
The acquisition, valued at approximately $7 billion (25.7 billion AED), was approved by the DAE board and is expected to close in the second half of 2026, subject to regulatory approvals. This deal marks a significant expansion for DAE, positioning it as a major player in the aircraft leasing market.
Upon completion of the acquisition, DAE will boast a combined fleet of 1,029 owned, managed, and committed aircraft, serving 191 customers across 79 countries. The combined fleet will be comprised of approximately 70% narrowbody aircraft.
DAE anticipates the addition of 37 new airline customers as a result of the transaction, extending its reach into seven new countries. The company highlighted the strategic importance of this expansion, signaling a commitment to growth within the global aviation sector.
In a separate announcement, DAE reported a substantial increase in profitability alongside the completion of the MAF acquisition. The company’s financial results demonstrate a positive trajectory, driven by both organic growth and strategic acquisitions. This performance underscores investor confidence in the aviation industry’s recovery and DAE’s position within it.
The company also reported a 19% growth in revenues, citing strong performance across its leasing and services divisions. This growth reflects increased demand for air travel and DAE’s ability to capitalize on emerging opportunities in the market.
