Dubai Aerospace Enterprise (DAE) recorded a 24% year-on-year revenue increase in the first half of 2025, reaching $843.6M, up from $679.2M during the same period in 2024.
Profit before tax jumped 228% to $506.8M, compared to $154.3M in H1 2024, driven by stronger profitability metrics and the recent acquisition of Nordic Aviation Capital (NAC).
The company’s pre-tax margin rose to 25.7%, while return on equity improved to 13.3%.
Operating cash flow reached $659M in the first six months, with total assets rising to nearly $16B by the end of June 2025, up from approximately $13B in December 2024—following the $2B acquisition of NAC in May.
The acquisition expanded DAE’s total aircraft portfolio to around 750, including owned, managed, and committed assets, marking a nearly 50% increase.
During the first half, DAE acquired 236 aircraft and sold 35.
Firoz Tarapore, Chief Executive Officer of DAE, commented, “We have fully integrated the front office functions and are on track to fully integrate all middle- and back-office functions and systems by the end of this quarter.”
