DAE Remains In The Black Despite Pandemic

Credit: DAE
Lessor Dubai Aerospace Enterprise (DAE) turned in a reduced net profit of $121.7 million for the first half (H1) of 2020, compared to $197.1 million for the year-ago period. The company realized its earnings off H1 revenues of $672.6 million, down from $735.2 million in H1 2019. “Our financial...
Alan Dron

Based in London, Alan is Europe & Middle East correspondent at Air Transport World.

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