DAE CEO Firoz Tarapore is open to the idea of further acquisitions to boost the lessor's market presence.
Credit: DAE
Dubai Aerospace Enterprise (DAE) has become the world’s third-largest aircraft lessor, with the acquisition of fellow leasing company Nordic Aviation Capital (NAC). The enterprise value of the deal, completed in May, was approximately $2 billion, DAE said. DAE now has a fleet of around 750 owned...
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