Dubai Aerospace Enterprise (DAE) reported revenue of AED 5.31 billion for the nine months to 30 September 2026, up 13.2% from AED 4.69 billion a year earlier, driven by lease income from its AED 33.09 billion acquisition of Macquarie AirFinance (MAF).
The MAF deal closed in late July and gives the Dubai-headquartered lessor an owned, managed and committed fleet of roughly 1,000 aircraft, double its size two years ago. It also pushed total assets to AED 98.53 billion from AED 60.78 billion at the end of 2025.
Available liquidity rose to AED 20.57 billion, with net debt-to-equity at 2.60x. Revenue at DAE Engineering remains below target because of ongoing airspace closures.
Gulf Economist Staff Writer