Lessor DAE in Pole Position to buy Macquarie AirFinance
Category DAE
Russian write-off pushes lessor DAE into a loss
The acquisition of the aircraft portfolio of SKY Fund I and the effects of the war in Ukraine dominated 2022 for aircraft lessor Dubai Aerospace Enterprise (DAE). While it grew its portfolio, a write-off on nineteen aircraft in Russia pushed DAE…
Lessor DAE grows thanks to SKY Leasing deal
Lessor Dubai Aerospace Enterprise (DAE) has grown its portfolio by 36 aircraft by acquiring SKY Fund I from leasing asset manager SKY Leasing. The acquisition includes new-technology Airbus and Boeing aircraft, for which DAE itself has no current orders in backlog.…
DAE takes write-off on Russian fleet too
Another lessor has confirmed an impairment on aircraft that it has been unable to repossess from customers in Russia. Dubai Aerospace Enterprise (DAE) reported a $537.9 million net write-off on nineteen aircraft. DAE takes write-off on Russian fleet too. Originally, DAE…
Buying or leasing? That’s the question
DAE cancels Airbus orders
So, the air in the Gulf is really normal. Reality works there too. This news is not unexpected and of course, post the Paris show, it can be swept under the carpet of “new news”. But the truth is that…