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…
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