Dubai PR Network, Online Press Release from Dubai and Middle East
 
Aviation, Airline & Aerospace(Travel & Tourism)
Filter PR by
  
DAE Acquired 41 Aircraft, sold 30 Aircraft, and Signed 200 Lease Transactions in 2021
 
Dubai, U.A.E. 05, January 2022 – Dubai Aerospace Enterprise (DAE) Ltd today announced its business transactions update for the full year 2021 for its aircraft leasing division, DAE Capital:
 
Business Transactions Update – Full Year 2021: 
• Number of aircraft acquired: 41 (owned: 18; managed: 23)
• Number of aircraft sold: 30 (owned: 20; managed: 10)
• Lease agreements, extensions and amendments signed: 200 (owned: 167; managed: 33)
• Number of new servicing agreements: 4 covering 7 aircraft
 
• Fleet Size (Owned, Managed, Committed and Mandated to Manage): ~425
• Customers: 112; Countries: 54
• Owned Fleet Average Age (years): 6.7
• Owned Fleet Average Lease Term Remaining (years): 6.2
• Owned Fleet Portfolio Contracted: 99.3%
 
• New unsecured Notes issuance: US$2,550 million; Weighted average coupon: 2.31%
• Total unsecured Notes redemption: US$2,189 million; Weighted average coupon: 5.07%
• Open market bond repurchases: US$3 million
• Share repurchases: US$150 million
• Inaugural Sustainalytics ESG Risk Rating: 14.1


Posted by : DubaiPRNetwork.com Editorial Team
Viewed 7786 times
PR Category : Travel & Tourism
Posted on : Wednesday, January 5, 2022  4:17:00 PM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of DubaiPRNetwork.com.
Previous Story : Iraqi Airways Receives its First A220-300
Next Story : Tata Communications and Zain KSA to bring Smart City Solutio...
Email this article Print this article

Share this article with your friends and followers
NewsVine
Back to Section Home

Related Stories



 
 
Most Viewed Press Release posted in the last 7 days
Malabar Gold & Diamonds Unveils a Plethora of Jewellery Collections ahead of the Travel Se... [7134-Views]
Samsung Galaxy's New Competition will Make Nights Epic in the UAE [6843-Views]
Sail through the Summer Season with belif [6314-Views]
This Eid, Roll Out Happiness with Essence [5592-Views]
Wizz Air Introduces New Routes to the Kingdom of Saudi Arabia from Europe and the UAE [4850-Views]
Disney X Pandora: Born to Stand Out [4264-Views]
OMEGA Two Generations of OMEGA Explorers_UAE [4166-Views]
Get that Flawless Eid Selfie with CATRICE [4006-Views]
Dubai Municipality Wins British Safety Council award for Deep Tunnel project [3961-Views]
Tanishq Goes Traditional and Contemporary in Karama [3870-Views]
Natuzzi Italia Presents the New Collection THE CIRCLE OF HARMONY - Second Life [3866-Views]
Dubai Municipality Enhances Abattoir Services in Preparation of Eid al Adha [3719-Views]
Malabar Gold & Diamonds Announced Sparkling Summer Offers [3600-Views]
Ajmal Perfumes Exquisite Musk Collection – The Musk Silk Supreme [3563-Views]
Just Wing It and Win at the Huddle Sports Bar and Grill [3542-Views]
InterContinental Hotels & Resorts Unveils Limited-Edition Suites in Collaboration with Lea... [3423-Views]
Infracorp Reports $6.2m Profit in Q1 2022 [3198-Views]
CSD Announces ‘Their Safety First', A Comprehensive Year-Round Child-Safety Awareness Camp... [3157-Views]
Introducing GRAFFABULOUS [3063-Views]
Mahzooz Grand Draw Celebrates AED 10 Million Winner! [3042-Views]
Souk Al Marfa Displays Rare and Historic UAE Antiques in Newly Opened Museum Hub [3022-Views]
More than 300 Students to Showcase Their Talents during Mawhibaty's Season-Ending Exhibiti... [3018-Views]
Dubai Shopping Malls Group DSS 2022 Celebrations: Everything You Need to Know [2972-Views]
TCL Joins Hands with Retail Giant Jashanmal to bring Top-of-the-Range Home Appliances in G... [2915-Views]
Dubai Health Authority Introduces Value-Based Healthcare for the Emirate [2821-Views]
 
RSS Facebook Twitter LinkedDin DubaiPRNetwork.com on Instagram
 
Top Sections
 
Top Stories