Strong recovery for Dubai Aerospace Enterprise as profit skyrockets | The National:
"Net profit soared at Dubai Aerospace Enterprise more than 1,300 per cent last year as the company recovered from its financial woes.
The aircraft leasing company yesterday announced net profits of Dh410 million, compared with just Dh29m in 2012.
The rise in profits was attributable to the absence of one-off items, consisting principally of “litigation items” in its maintenance repair and operations business that negatively affected results in 2012, DAE said."
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