Dubai Aerospace Enterprise

February 12, 2014 - 7:07am
Dubai Aerospace Enterprise managing director Khalifa Al Daboos (left) with ATR chief executive Filippo Bagnato. (Photo: Mark Wagner)

Leasing groups Amadeo and Dubai Aerospace Enterprise (DAE) yesterday pushed the airliner orders tally for the 2014 Singapore Airshow close to $30 billion, with separate deals for up 60 new aircraft. Amadeo, which up until Monday this week was known as Doric Lease Corp., firmed up an order for 20 Airbus A380s that had been the subject of a memorandum of understanding signed at the last Paris Air Show in June 2013. Meanwhile DAE inked a $1 billion contract with ATR for up to 40 ATR 72-600s turboprops.

November 18, 2013 - 12:22pm

All signs now point to the fact that the Dubai Airshow is number one on the list of must-attend and must-exhibit venues on the worldwide airshow circuit. Two key indicators this year are the Dubai’s show’s stellar new site at Dubai World Central’s Al Maktoum International Airport and the massive orders garnered by the top two airframers–Airbus and Boeing–during this year’s show. This is likely more than just good timing, but an indication of the growing importance of the biennial Dubai event.

November 18, 2013 - 12:22pm
Dubai Airshow

All signs now point to the fact that the Dubai Airshow is number one on the list of must-attend and must-exhibit venues on the worldwide airshow circuit. Two key indicators this year are the Dubai’s show’s stellar new site at Dubai World Central’s Al Maktoum International Airport and the massive orders garnered by the top two airframers–Airbus and Boeing–during this year’s show. This is likely more than just good timing, but an indication of the growing importance of the biennial Dubai event.

November 17, 2013 - 6:45am

Students of human psychology need look no further than the fable of the tortoise and the hare to understand the situation today in the region’s leasing sector. In the waning years of the boom, a number of new entrants made valiant plays, but some appear to have had to pause to reconsider. Despite the aviation boom in the Middle East, few new major regional entrants into this esoteric business have come into existence and, of those that have, the 2008 bust clearly had a major negative impact.

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.

August 28, 2013 - 11:05am

British aircraft services company BBA Aviation is in talks with StandardAero over a $4.2 billion deal, according to a Reuters report. The news agency said it “would hand Dubai Aerospace Enterprise (DAE), owner of Arizona-based engine repair and maintenance business StandardAero, a large stake in the combined business.”

August 27, 2013 - 3:05pm

Dubai Aerospace Enterprise (DAE) confirmed yesterday that it is in “preliminary discussions” with BBA Aviation “regarding a potential combination of certain parts of its business.” The talks are widely believed to center on the two companies’ aircraft maintenance divisions. Unconfirmed press reports have indicated that DAE, which owns Tempe, Ariz.-based StandardAero, is seeking some kind of merger with BBA’s aircraft maintenance division, under which DAE would reportedly own a majority stake. However, no finalized deal has been announced.

February 15, 2012 - 3:00am
Goodrich Aerostructures Service Center Asia

Anyone doubting the strategic value of Singapore’s near-Equatorial location as a Asia Pacific aerospace base need only visit the island state’s industrial and business estates, including the new Seletar Aerospace Park, to see how many original equipment manufacturers and aircraft and engine maintenance, repair and overhaul (MRO) companies have set up regional shops here.

October 10, 2011 - 1:50am
StandardAero retired 7337-300 fuselage

Global MRO provider StandardAero (Booth No. N6116) kicked off a series of 100th anniversary celebrations in September at several of its 26 worldwide service and support locations, starting with its Winnipeg, Canada facility. The largest single site in the StandardAero network with more than 1,000 employees–more than a quarter of its total workforce–Winnipeg is also the company’s birthplace.

July 18, 2011 - 7:50am
Dubai Aerospace Enterprise has now scrapped all remaining orders for Airbus a...

Dubai Aerospace Enterprise has declined to confirm or deny reports that its leasing arm, DAE Capital, has cancelled all remaining airliner orders with Airbus. But the European airframer has acknowledged that the Middle East group is not currently a customer and its published orders tally does indeed confirm that orders for 34 A320s and 11 A350-900s are no longer on the books.

 
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