Dubai Aerospace Enterprise (DAE) has finalized agreements to purchase 36 new aircraft, totaling $1.6 billion, marking a key step in the company’s growth plans for 2024. This acquisition strategy highlights DAE’s dedication to expanding its fleet and strengthening its global footprint in the aerospace sector. The deal is part of DAE’s ongoing initiative to remain competitive and grow its operations, reinforcing its status as a major player in the aviation industry.
In 2023, DAE Capital made significant progress, acquiring 83 aircraft and selling 68, while also entering into 233 lease agreements. This year-over-year growth in activities showcases the company’s ongoing strategy to optimize its portfolio and respond to the evolving needs of the aviation market. DAE’s strategic fleet management and capability to execute large acquisitions reflect its robust financial health and market insight.
The addition of these 36 aircraft further cements DAE’s position in aircraft leasing and financing, providing a wide array of solutions to clients worldwide. These new aircraft are expected to enhance DAE’s long-term standing in the global aviation market, enabling the company to meet the rising demand for quality aircraft and aviation services in both established and emerging markets.
With these new acquisitions, DAE is set to make a notable impact in the aviation industry this year, advancing its global growth objectives and improving its fleet’s capabilities.
