Dubai Aerospace Enterprise
 | |
| Public | |
| Industry | Aviation and Aircraft Leasing Industry |
| Founded | Dubai (2006) |
| Founder | Ahmed bin Saeed Al Maktoum |
| Headquarters | Dubai, United Arab Emirates |
Key people |
Ahmed bin Saeed Al Maktoum (Chairman) Khalifa Al Daboos (Managing Director) |
 15 Billion USD (2007) | |
| Owner | Public |
| Website |
www |
Dubai Aerospace Enterprise (DAE) Ltd is a global aerospace corporation, founded in 2006. DAE originally had six divisions, but as of 2010 the company has narrowed its focus to two divisions: DAE Engineering and DAE Capital.
DAE Engineering
DAE Engineering initially provided global MRO services under the brand name StandardAero. In May 2015, DAE sold StandardAero to Veritas Capital,[1] and, focusing more on the region, announced it acquired an 80% stake in Jordan Aircraft Maintenance Limited (Joramco) in September 2016.[2]
DAE Capital
DAE Capital specialises in aircraft leasing, financing and other management services. DAE Capital is the largest aircraft leasing firm in the Middle East.[3] As of November 2016, DAE Capital has a fleet of 84 aircraft with a net book value of $4 billion, which are leased to various airlines around the world. In 2014, DAE announced a $1bn order of up to 40 ATR 72-600, to be delivered between 2015 and 2018[4]
Fleet
| Aircraft | In Service | On Order | Notes |
|---|---|---|---|
| Airbus A319-100 | 8 | 0 | |
| Airbus A320-200 | 7 | 0 | |
| Airbus A330-200 | 11 | 0 | |
| Airbus A350-900 | 1 | 2 | |
| Boeing 737-700 | 3 | 0 | |
| Boeing 737-800 | 15 | 8 | |
| Boeing 777-200F | 12 | 0 | Leased to Emirates SkyCargo |
| Boeing 777-300ER | 2 | 0 | |
| ATR 72-600 | 25 | 18 | |
| Total | 84 | 28 |
References
- ↑ "DAE sells StandardAero". Flightglobal.com. 2015-05-26. Retrieved 2015-11-23.
- ↑ "Dubai Aerospace to buy 80 pct stake in Jordan maintenance firm". Reuters.com. 2016-09-20. Retrieved 2016-09-20.
- ↑ "Dubai leasing firm makes $1 billion turboprop order". Reuters. 2014-02-12. Retrieved 2015-11-23.
- ↑ "Dubai Aerospace Enterprise Places $1billion Order for 40 ATRs | DUBAI AIRSHOW 2015". www.dubaiairshow.aero. Retrieved 2015-11-23.
- ↑ "Portfolio Summary". DAE Capital. Retrieved 2013-10-26.