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Dubai, U.A.E., 29 July 2026 - Dubai Aerospace Enterprise (DAE) Ltd ('DAE') today reported its financial results for the six months ended June 30, 2026. The consolidated financial statements can be found here. Selected Financial Highlights:
Selected Business and Operating Highlights:
Commenting on the results, Firoz Tarapore, Chief Executive Officer of DAE, stated, 'the first half has been a momentous period for DAE. We announced the acquisition of Macquarie AirFinance Limited ('MAF') and the formation of two long-term co-investment programs with world-class financial institutions. These co-investment programs are sized to add approximately US$15 billion of new aircraft assets over the next five years to our total fleet. Our enhanced scale, expanded product offerings, robust underwriting discipline and financial strength will allow us to serve our clients more holistically than ever before. Today, after the close of the previously announced acquisition of MAF, we will serve over 175 airline customers in 75 countries with an owned, managed and committed fleet of approximately 1,000 aircraft. For DAE Engineering, revenue continues to be impacted by lingering effects of the regional conflict and related airspace closures. However, the outlook for the upcoming winter season in the northern hemisphere remains positive, with a robust pipeline. Consolidated revenue increased, and margins expanded. Our returns stayed high and our liquidity coverage ratio reached a record 1,202% in anticipation of yesterday's closing of the MAF acquisition. Overall, the Group remains largely unimpacted by regional events, and this reflects the scale, breadth, and strength of the DAE franchise.' Webcast and Conference Call In connection with the announcement of DAE's results for the six months ended June 30, 2026, management will host a conference call on Wednesday, July 29, 2026 at 09:30 EDT / 14:30 BST / 17:30 GST / 21:30 SGT. The call can be accessed by clicking here to attend the presentation from your laptop, tablet or mobile device, or by clicking here to generate your unique dial-in PIN and to access the full list of toll-free dial-in numbers. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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