Dubai Aerospace Enterprise, launched 20 years ago with diverse goals, now focuses on aircraft leasing and MRO, but it might revisit its wider original vision.
Lessor Azorra’s focus on the small narrowbody jet sector has recently been boosted through buying a portfolio of 49 Embraer E-Jets from Dubai Aerospace Enterprise (DAE).
The steady consolidation of the aircraft leasing market continued as Dubai Aerospace Enterprise announced that it will acquire Nordic Aviation Capital (NAC).
Regional aircraft lessor TrueNoord has completed the purchase of its latest batch of small narrowbody airliners from fellow-lessor Nordic Aviation Capital (NAC).
The latest sale of crossover jets by Nordic Aviation Capital (NAC) to fellow-lessor TrueNoord sees the two companies continuing to rebalance their respective portfolios.