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…
This week’s JP Morgan 2022 Industrials Conference gave some interesting insights on how major lessors look at the current situation in Russia. The picture that emerges from this is that many key lessors don’t think that there is an imminent…
How are the aircraft doing that use these state of art engines?
Dubai Aerospace Enterprise (DAE) announced on January 19 that it has successfully completed the placement of 14 Boeing 737 MAX 8 aircraft, including 12 with Mexican carrier Grupo Aeromexico. The order was placed with Boeing in April last year. Icelandair…
Dubai-based lessor Dubai Aerospace Enterprise (DAE) doesn’t feel the need to grow extra quick, now that the two biggest players AerCap and GECAS are about to merge. DAE wants to grow at its own pace and mostly by purchasing aircraft…
Two of the world’s most influential lessors, Avolon and Dubai Aerospace Enterprise (DAE), have recorded a significant drop in profits over 2020, a year described by both as “challenging” and “extraordinary”. Yet, both are optimistic about the recovery of the…