Dubai Aerospace Enterprise Reports Strong H1 2025 Performance with $843.6M Revenue
Dubai Aerospace Enterprise (DAE) announced robust financial results for the first half of 2025, posting a 24% year-on-year revenue increase to $843.6 million, up from $679.2 million in H1 2024. The surge was driven by improved profitability and the recent acquisition of Nordic Aviation Capital (NAC).
Key Financial Highlights
- Profit before tax soared 228% to $506.8 million, compared to $154.3 million in the same period last year.
- Pre-tax margin rose to 25.7%, while return on equity improved to 13.3%.
- Operating cash flow reached $659 million, reflecting strong operational performance.
- Total assets grew to nearly $16 billion as of June 2025, up from $13 billion in December 2024, following the $2 billion NAC acquisition in May.
Fleet Expansion & Strategic Growth
DAE’s acquisition of NAC significantly expanded its portfolio to approximately 750 aircraft, including owned, managed, and committed fleets—a 50% increase. During H1 2025, the company acquired 236 aircraft and sold 35, reinforcing its position as a leading global aviation lessor.
Leadership Outlook
Firoz Tarapore, Chief Executive Officer of DAE, commented: “We have successfully integrated the front-office functions and are on track to complete the full integration of middle- and back-office systems by the end of this quarter.”
The strong results highlight DAE’s strategic growth and enhanced profitability, positioning the company for continued success in the aviation leasing sector
