DAE posts US$85.8 million net income for first quarter of 2025
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....
Tag : Firoz Tarapore
DAE announces $300 million increase in bond repurchase authorization
Dubai Aerospace Enterprise (DAE) revealed today that its Board of Directors and Shareholders have approved an additional $300 million for bond repurchases through open market transactions. This move follows DAE’s previous repurchases of around US$1.13 billion of principal amount of its publicly traded bonds under the prior authorization of US$1.2......