Tuesday 9 January 2018

Dubai’s DAE Capital builds fleet of 383 aircraft - The National

Dubai’s DAE Capital builds fleet of 383 aircraft - The National:

"DAE Capital, the leasing arm of state-owned Dubai Aerospace Enterprise, said its total fleet rose to 383 owned, managed and committed aircraft at the end of 2017, boosted by the acquisition of Dublin-based lessor AWAS last August. The completion of the acquisition from AWAS’ previous owners, private equity firm Terra Firma Capital Partners and the Canadian Pension Plan Investment Board, gave DAE ownership of around 400 aircraft. The deal tripled the previous number on its books and catapulted DAE Capital among the world’s biggest aircraft lessors globally with an estimated fleet value of over US$14 billion."



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