Dubai Aerospace reports AED 5.31bn revenue in nine months to September
Pre-tax profit reached AED 1.36 billion, up 8.8 percent year-on-year, with operating cash flow of AED 3.996 billion.
Dubai Aerospace Enterprises Limited reported revenues of AED 5.31 billion for the nine months ended 30 September 2026, an increase of 13.2 percent compared with the same period in 2025. Pre-tax profit before exceptional items rose 8.8 percent to AED 1.36 billion, while operating cash flow reached AED 3.996 billion, according to a statement from the company.
Total assets rise to AED 98.55 billion#
Total assets stood at AED 98.55 billion at the end of September 2026, compared with AED 60.77 billion at 31 December 2025. Net loans and borrowings increased to AED 61.519 billion from AED 37.561 billion. Available liquidity rose to AED 20.56 billion from AED 12.48 billion at the end of 2025, while the liquidity coverage ratio improved to 440 percent from 277 percent. The net debt to equity ratio was 2.60 times, compared with 2.58 times, and the unsecured debt ratio stood at 88.3 percent versus 87.8 percent at the end of 2025.
Macquarie AirFinance acquisition completed#
The company completed the acquisition of Macquarie AirFinance Limited for AED 33.03 billion. The transaction added 290 aircraft to the fleet, comprising 272 owned aircraft and 18 managed aircraft. During the period, the company sold 58 aircraft, including 48 owned and 10 managed units. The total number of owned, managed and on-order aircraft in the fleet reached 983 aircraft.
Fleet expected to reach 1,300 aircraft#
The total number of owned, managed, on-order and mandated aircraft in the Dubai Aerospace fleet is expected to reach approximately 1,300 aircraft. Chief Executive Firoz Tarapore said the company completed the previously announced acquisition of Macquarie AirFinance at the end of July, bringing the total fleet of owned, managed and on-order aircraft to around 983 aircraft, double the size 24 months earlier. With an owned fleet of 716 aircraft, the company now ranks second globally among aircraft leasing companies, he added. Liquidity and capital adequacy indicators remain strong following completion of the Macquarie AirFinance transaction, Tarapore said.
Sources1 source across 1 domain
- emaratalyoum.comEmarat Al YoumDubai Aerospace Enterprises reported revenues of AED 5.31 billion for nine months ended 30 September 2026, up 13.2% year-on-year, with pre-tax profit of AED 1.36 billion and operating cash flow of AED 3.996 billion
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