Inside DAE: Dubai’s Giant in Aircraft Leasing and Engineering

The idea behind the inception of Dubai Aerospace Enterprise was to position it amongst the top aviator services providers in the world. Well, its vision has been fulfilled since its commencement. Dubai Aerospace Enterprise boasts its headquarters at Dubai, one of the strategic locations to stay at the crossing of Europe, Asia, and Africa. DAE has taken the geographic advantage as an opportunity to expand its international footprint. Today, DAE operations are spread across seven international locations – Dublin, Singapore, New York, Miami, Seattle, and Amman in total – and DAE is rightly touted as a global organization.

In August 2017, DAE took a giant step forward when it acquired Dublin-based AWAS, one of the world’s leading aircraft leasing companies. It not only built up DAE’s global fleet but helped make DAE become a top-tier aircraft lessor, significantly expanding its reach and customer base.

At the heart of DAE’s operations is DAE Capital, the company’s aircraft leasing and financing arm. DAE Capital is the largest aircraft leasing firm in the Middle East and among the world’s leaders in the aviation sector. With an approximate fleet of 425 aircraft, including the best-selling Airbus, Boeing, and ATR models, DAE Capital offers short-term and long-term leasing solutions to airlines from 55 countries. The fleet of DAE Capital stands at over $16 billion, which provides excellent strength to its portfolio and the reputable relations that DAE has built with carriers worldwide. Leasing services provided by DAE are in great demand among carriers who can expand their fleets, as well as their operations with the help of exceptional management and financing solutions offered by DAE.

Engineering functions held at DAE play an important role in assisting the global aviation industry’s safe and efficient output. DAE provides comprehensive maintenance, repair, and overhaul (MRO) services through Joramco, its engineering division located at Queen Alia International Airport in Amman, Jordan. These services apply to an extensive portfolio of aircraft by major manufacturers such as Airbus, Boeing, and Embraer. Its state-of-the-art facilities and high-skilled workforce allow aircraft under its care to meet the highest standards of safety and performance. Through these capabilities, the division has become one of the best-known in the industry, thus enabling it to continue partnering with many leading airlines from all over the world in all matters concerning high-class MRO services.

Its portfolio is outstanding, while its global presence is an evident strength. Such a position has enabled DAE to maintain its leadership in the region and widen the reach as a recognized player in the global aviation market, focusing its efforts on growth and innovation. Its presence in major airports around the world could help it serve its very diverse customer base even better, giving them localized service and knowledge of the local climate. DAE is fully committed to supporting the aviation industry in its transition towards sustainability. The possibilities of putting ecologically friendly technologies and operations into play are explored because it is going to be the future leader in the transitioning field of aviation.

With the expansion of the operations and growth as a global player, DAE has stayed true to its core mission-to provide world-class aviation services. Anchored squarely on innovation, customer satisfaction, and sustainable growth, DAE will actually help shape the future of aviation for centuries to come.

In the coming years, DAE is going to further diversify the portfolio, improve its services while staying at the forefront of its industry. Thus, with its expertise in aircraft leasing and engineering, DAE is supposed to be more in the lead of global aviation activities.