DAE Capital, the aircraft leasing and finance arm of DAE (Dubai Aerospace Enterprise) was formed in 2007. DAE Capital’s fleet is currently comprised of turboprop regional aircraft, single-aisle and wide-body, passenger and freighter aircraft. With continued airline expansion accelerating developments in the global aerospace industry and with its headquarters in Dubai, DAE Capital plans to meet the global demand for new aircraft, particularly in the Middle East and Asia.
Dubai Aerospace Enterprise (DAE) Ltd signed a definitive agreement to acquire 100% of the AWAS group of companies from funds managed by Terra Firma Capital Partners and the Canadian Pension Plan Investment Board. The combined company will have an owned, managed and committed aircraft fleet of 394 aircraft with a total value of over USD14 billion. The transaction is subject to required regulatory approvals and is expected to be completed in 3Q2017.
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