DAE revenue climbs 13% to $1.45b after MAF acquisition
· Cairo time
Dubai Aerospace Enterprise (DAE) on November 10 reported its nine-month revenue of $1.45 billion or Dh5.31 billion, up 13 per cent. The aircraft lessor also completed its $9 billion acquisition of Macquarie AirFinance (MAF) this quarter. The company also expects its fleet to reach about 1,300 aircraft once its mandates complete.Revenue for the nine months to September 30 reached $1,446.9 million, against $1,277.7 million a year earlier. Profit…
You may also like
PrSM: New US missile appears to have left wide path of death, destruction in Iranian city, report says
Four injured as tanker with Indian crew hit by projectile in Arabian Gulf
Ramayana box office: Ranbir Kapoor and Yash’s film roars past Rs 8 billion worldwide
Lewis Hamilton visits Gaza-Egypt border to see humanitarian work for Palestinians