Dae

September 11, 2013 - 10:30am

Dubai Aerospace Enterprise (DAE) has terminated discussions with BBA Aviation about combining unspecified parts of its business. DAE, a Dubai-based MRO, aircraft completions and aircraft leasing company, entered into the discussion with British aircraft services firm BBA late last month to explore merging some of their assets. Reuters reported the talks centered upon an estimated $4.2 billion deal focusing on DAE’s StandardAero. StandardAero did not respond to requests for further comment.

December 15, 2010 - 10:41am

Dubai Aerospace Enterprise (DAE) is accepting offers “for part or all of StandardAero,” according to a recent Reuters report. A spokesman for StandardAero told AIN, “DAE is an investment company that commonly looks at its strategic options for its investments.” DAE acquired the MRO in an August 2007 $1.9 billion buyout of Landmark Aviation and StandardAero Holdings from the Carlyle Group.

December 14, 2010 - 11:35am

Dubai Aerospace Enterprise (DAE) is accepting offers “for part or all of StandardAero,” according to a Reuters report last Friday. A spokesman for StandardAero told AIN, “DAE is an investment company that commonly looks at its strategic options for its investments.” DAE acquired the MRO in an August 2007 $1.9 billion buyout of Landmark Aviation and StandardAero Holdings from the Carlyle Group.

September 24, 2007 - 4:54pm

Dubai Aerospace Enterprise is here with its most recent acquisition, the Landmark Aviation and Standard Aero maintenance, repair and overhaul (MRO) businesses that it purchased for $1.9 billion last month from private-equity firm Carlyle Group.

April 3, 2007 - 12:31pm

SEC documents filed yesterday reveal that Dubai Aerospace Enterprise (DAE) will pay $1.8 billion–$300 million more than originally estimated–for the Carlyle Group’s Landmark Aviation of Phoenix and Standard Aero of Winnipeg, Canada. More than half of the total, $1.034 billion, is for Standard Aero. The filing confirms DAE’s commitment to selling off the Landmark network of FBOs soon after the deal is completed.

 
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