Close Menu
The Oasis Report | Latest Saudi Arabia News & Updates
  • Home
  • Analysis
  • Business
  • Economy
  • Finance
  • Investor
  • Opinion
  • Saudi Arabia
  • Startups
What's Hot

Al-Dahim thanks leaders after becoming deputy central bank governor for public administration – Saudi News

July 11, 2026

President Trump and Iran exchange new threats as Hormuz tensions strain ceasefire

July 11, 2026

Saudi Arabia…the perfect place to implement the “Four Seas Initiative” – Saudi News

July 11, 2026
Facebook X (Twitter) Instagram
Trending
  • Al-Dahim thanks leaders after becoming deputy central bank governor for public administration – Saudi News
  • President Trump and Iran exchange new threats as Hormuz tensions strain ceasefire
  • Saudi Arabia…the perfect place to implement the “Four Seas Initiative” – Saudi News
  • Royal Decree Appoints Abdulaziz Bin Salman as Saudi Minister of Industry and Mineral Resources
  • King Charles reunites with Prince Harry and family to heal rift in royal family
  • Lange prepares Sweden and Spain’s Diriyah for ‘League and Cup’ – Saudi News
  • King issues Royal Decree, appointing Prince Abdulaziz bin Salman as Minister of Industry
  • Death toll rises to 12 as firefighters extinguish large-scale wildfires in Spain
  • Home
  • About Us
  • Advertise With Us
  • Contact US
  • DMCA
  • Privacy Policy
  • Terms and Conditions
Facebook X (Twitter) Instagram
The Oasis Report | Latest Saudi Arabia News & UpdatesThe Oasis Report | Latest Saudi Arabia News & Updates
Saturday, July 11
  • Home
  • Analysis
  • Business
  • Economy
  • Finance
  • Investor
  • Opinion
  • Saudi Arabia
  • Startups
The Oasis Report | Latest Saudi Arabia News & Updates
Home » Dubai Aerospace Company to record $702.2 million profit in 2025

Dubai Aerospace Company to record $702.2 million profit in 2025

adminBy adminFebruary 4, 2026 Finance No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


Dubai Aerospace Enterprise (DAE) on Wednesday reported its financial results for the year ending 31 December 2025.

The company announced that its profit reached USD 702.2 million, an increase of USD 224.7 million (47.1%) from USD 477.5 million in 2024. This was mainly due to an increase in operating income and insurance claims collection.

Pre-tax income for 2025 was $761.6 million and total revenue was $1,725.2 million, an increase of 20.7% compared to $1,429.6 million in the prior-year period. This growth was due to increased lease revenue from newly acquired aircraft, including through business combinations, and increased maintenance revenue.

Total assets increased from $13,033.3 million in 2024 to $16,547.7 million at the end of 2025, mainly due to aircraft acquisitions in the same year.

“2025 was another exceptional year for the DAE franchise. We announced and completed the acquisition of NAC. In total we acquired 280 aircraft and sold 111 aircraft,” said Firoz Tarapore, CEO of DAE.

He added: “The number of aircraft we own and manage increased by 38% to 604 aircraft at the end of 2025. Full-year revenue increased by 21%, pre-tax profit margin increased by 43%, and pre-tax profit margin and return on equity continued to improve.”

Despite DAE’s growth, balance sheet discipline in terms of capital adequacy, funding, and liquidity metrics remained intact. “During the year, we raised $3.9 billion in long-term debt financing through multiple public-private transactions,” Tarapore said.

DAE Engineering delivered another record year of performance, with revenue up 13% year over year to $211 million and profitability up 47% to $64 million.



Source link

admin
  • Website

Keep Reading

flydubai resumes service to Aleppo for the first time in 14 years

First quarter mortgage transaction volume reaches $3.56 billion

Alder unveils Yas Point waterfront destination

Japan directs pension funds to domestic assets, causing yen appreciation

EU regulators hit US wall for private credit data

Souk Al Jubail to welcome more than 2 million visitors in the first half of 2026

Add A Comment
Leave A Reply Cancel Reply

Editors Picks

flydubai resumes service to Aleppo for the first time in 14 years

July 10, 2026

First quarter mortgage transaction volume reaches $3.56 billion

July 10, 2026

Alder unveils Yas Point waterfront destination

July 10, 2026

Japan directs pension funds to domestic assets, causing yen appreciation

July 10, 2026
Latest Posts

Subscribe to News

Subscribe to our newsletter and never miss our latest news

The Oasis Report is an independent digital news platform dedicated to delivering timely, accurate, and insightful coverage of Saudi Arabia. Our mission is to keep readers informed about the Kingdom’s rapidly evolving political, economic, social, and cultural landscape.

Facebook X (Twitter) Instagram Pinterest YouTube

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Facebook X (Twitter) Instagram Pinterest
  • Home
  • About Us
  • Advertise With Us
  • Contact US
  • DMCA
  • Privacy Policy
  • Terms and Conditions
© 2025 theoasisreport. Designed by TeraSolutions.io

Type above and press Enter to search. Press Esc to cancel.