Iraq Bulletin

Tag : Aircraft Leasing

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DAE posts US$85.8 million net income for first quarter of 2025

iraqbulletin.co
DAE posted a US$85.8M Q1 profit, up 26.5% YoY, boosted by aircraft gains, revenue of US$395.9M, and a major acquisition of Nordic Aviation Capital....
Business

SMBC Aviation Capital’s bold $3.4 billion investment in Airbus A320neo fleet

iraqbulletin.co
In a strategic move signaling confidence in the global aviation sector’s post-pandemic recovery, Japan’s SMBC Aviation Capital has announced a substantial $3.4 billion acquisition of 60 Airbus A320neo aircraft. This investment reflects the company’s optimistic forecast for the air travel industry and its commitment to enhancing its fleet with more......