DAE Reports First Half 2025 Net Profit of $440.3 Million
- Joe Breitfeller
- Aug 7
- 2 min read
Dubai Aerospace Enterprise (DAE) has reported a first half (H1) 2025 net profit of $440.3 million on a year-over-year increase in revenue of 24.2 percent to $843.6 million.
On Wednesday (August 6, 2025) Dubai Aerospace Enterprise (DAE) reported their first half (H1) financial results for the period ending June 30, 2025. The company reported a first half 2025 net profit of $440.3 million on a 24.2 percent year-over-year increase in revenue to $843.6 million. At the end of the period, DAE had $16.0 billion in total assets, and available liquidity of $3.65 billion. The total number of aircraft in DAE’s fleet at June 30, 2025 was 731, including 531 owned, 109 managed, and 91 committed aircraft.
In Wednesday’s announcement, DAE’s Chief Executive Officer, Firoz Tarapore, said,
“We completed the acquisition of Nordic Aviation Capital on May 07, 2025. This acquisition increased our owned, managed and committed fleet by nearly 50% to approximately 750 aircraft. We have fully integrated the front office functions and are on track to fully integrate all middle- and back-office functions and systems by the end of this quarter.
“Revenue and profitability rose significantly during this period reflecting the additional revenue from the acquired business and significant savings from refinancing debt and eliminating duplicative expenses. Our capital adequacy, funding, and liquidity metrics remain very strong. Revenue grew 24% to US$843.6 million; pre-tax margin and return on equity improved to 25.7% and 13.3%, respectively.
“DAE Engineering continued its strong performance with Joramco’s revenue up by 26% to US$119 million and profitability up by 80% to US$39.1 million in the first half of 2025.”
During the six months ending June 30, 2025, DAE purchased 230 owned aircraft, which includes aircraft acquired as a result of business combination with Nordic Aviation Capital, and managed six aircraft. The company also sold 28 owned aircraft and seven managed aircraft. At the end of the period, the weighted average age of DAE’s owned fleet for passenger and freighter aircraft was 7.0 years and 11.0 years, respectively. The weighted average remaining lease term of the company’s owned passenger and freighter fleet at June 30, 2025 was 6.3 years and 9.4 years, respectively.
Dubai Aerospace Enterprise (DAE) Ltd consists of two divisions, DAE Capital and DAE Engineering. Headquartered in Dubai, DAE serves over 200 airline customers in more than 85 countries from seven offices in Dubai, Dublin, Limerick, Amman, Singapore, Miami, and Seattle. DAE Capital is a global aircraft lessor with an owned, managed, and committed fleet of 731 Airbus, Boeing, ATR, and Embraer aircraft with a fleet value of US $22 billion. DAE Engineering provides regional MRO services to customers in Europe, Middle East, Africa, and South Asia from their state-of-the-art facility in Amman, Jordan. The facility can accommodate up to 22 widebody and single-aisle aircraft, and is authorized to work on 15 aircraft types, with regulatory approval from over 25 regulators worldwide.
Source: Dubai Aerospace Enterprise (DAE)
