ON
← Back to feed
DAE completes $9bn deal that could help airlines get more planes in the air
AE💼 Business13 hr. ago

DAE completes $9bn deal that could help airlines get more planes in the air

Dubai Aerospace Enterprise (DAE), a leading aircraft lessor based in Dubai, has completed a $9 billion acquisition of Macquarie AirFinance, significantly expanding its position in the global aircraft leasing industry. This acquisition makes DAE the world's third-largest aircraft lessor by fleet value and number of owned and managed aircraft. With this deal, DAE now manages approximately 1,000 aircraft across 175 airlines in over 75 countries, with a total fleet value of $35 billion. The acquisition includes commitments to purchase around 150 additional aircraft from manufacturers like Boeing and Airbus. The move aims to address ongoing challenges in the aviation sector, such as aircraft supply shortages and delivery delays, while strengthening DAE's partnerships with major aerospace firms.

How each side covered it

The same event, grouped by the political lean of the outlets covering it.

How each side covered it

Support independent, bias-aware news and unlock the social pulse, community voting, and your personalized For You feed.

Become a Supporter

Covered around the world

The same event as reported in other countries.

Covered around the world

Support independent, bias-aware news and unlock the social pulse, community voting, and your personalized For You feed.

Become a Supporter

Claims check

Key factual claims, and how many sources assert vs dispute each.

Claims check

Support independent, bias-aware news and unlock the social pulse, community voting, and your personalized For You feed.

Become a Supporter

1 reports

The National logoThe NationalParty-alignedCenter13 hr. ago
DAE completes $9bn deal that could help airlines get more planes in the air

Dubai Aerospace Enterprise (DAE), a leading aircraft lessor based in Dubai, has completed a $9 billion acquisition of Macquarie AirFinance, significantly expanding its position in the global aircraft leasing industry. This acquisition makes DAE the world's third-largest aircraft lessor by fleet value and number of owned and managed aircraft. With this deal, DAE now manages approximately 1,000 aircraft across 175 airlines in over 75 countries, with a total fleet value of $35 billion. The acquisition includes commitments to purchase around 150 additional aircraft from manufacturers like Boeing and Airbus. The move aims to address ongoing challenges in the aviation sector, such as aircraft supply shortages and delivery delays, while strengthening DAE's partnerships with major aerospace firms.

Bias read (Center): The article focuses on a corporate acquisition in the aircraft leasing industry, which is primarily a business matter. There is no indication of political controversy, ideological framing, or biased language. The content presents factual information about the deal, its implications for DAE's market,

Keep the news honest.

ObjectiveNews is reader-funded and ad-free — we show you the bias instead of hiding it. Support independent journalism for €5/month.

Become a Supporter

Related stories