DAE Full-Year Profit Drops 3.5%

Victoria Moores February 19, 2020
aircraft
Credit: DAE
Dubai Aerospace Enterprise (DAE) has reported a $413.6 million pre-tax profit for 2019, 3.5% down on the $428.8 million profit posted for 2018. During the 12-month period, DAE’s revenue fell 1.1% to $1.42 billion. The company’s pre-tax profit margin also dropped 0.7 points 29.1%. Available liquidity...
Victoria Moores

Victoria Moores joined Air Transport World as our London-based European Editor/Bureau Chief on 18 June 2012. Victoria has nearly 20 years’ aviation industry experience, spanning airline ground operations, analytical, journalism and communications roles.

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