Iraq Bulletin

Tag : Aircraft Leasing

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

iraqbulletin.co
Dubai Aerospace Enterprise (DAE) reported a net profit of US$85.8 million for the first quarter of 2025, representing a 26.5% increase from the US$67.8 million recorded during the same period in 2024. The company also noted a significant rise in...
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...