
Snapshot
| Customers: | Anadolu Jet, China Southern Airlines, easyJet, Emirates Airline, EVA Air, Garuda Indonesia, Iceland Express, IndiGo Airlines, Kingfisher Airlines, Niki, Philippine Airlines, Skymark Airlines, Spirit Airlines, Star Flyer, Virgin Blue, Wizz Air | |
| Key People: | Robert J. Genise, CEO Heinz Westen, CFO Michael Barry, CMO Art Schmidt, Executive VP Operations | |
| Website: | www.daecapital.com | |
| Quick Links: | CAPA HOT ISSUES: Aircraft Finance and Leasing Dubai Aerospace | |
| Updates? | Email us! | |
DAE Capital, the aircraft leasing and finance arm of Dubai Aerospace (DAE) was formed in 2007. Its goal is to become the largest aircraft leasing company in the Middle East, serving an international market, inside the next decade. DAE Capital’s fleet is currently comprised of a combination of over 40 single aisle and wide-body aircraft and has contracted to purchase 100 new aircraft from each of Boeing and Airbus. The estimated market value of the purchase contracts, split by 70 single aisle and 30 wide-body aircraft from each manufacturer, is USD27 billion. In addition to its new direct-buy aircraft orders, DAE has commitments to acquire an additional 18 new aircraft, 9 of which will be leased back to the original contracting party.
News Headlines

DAE Capital CEO, Robert Genise
Emirates to lease seven B777Fs from DAE Capital
DAE Capital cancels Boeing narrowbody order
Boeing in talks with DAE Capital for outstanding order
DAE Capital cancels all outstanding Airbus orders
Dubai Aerospace Enterprise CEO departs
Dubai Aerospace returns to profitability in 2010
DAE Capital replaces senior management: reports
Airbus reports 55 cancellations in 1Q2011 by Jazeera and DAE Capital
DAE Capital cancels orders for 18 A320s and 12 A350-900s
Virgin Blue takes delivery of 34th B737-800
DAE Capital's fleet and orders
Virgin Blue takes delivery of 13th B737-800
Older articles >>





