DAE announces closing of StandardAero sale

| DAE Group

DAE

DAE announces closing of StandardAero sale

Dubai, U.A.E., 08 July 2015 – Dubai Aerospace Enterprise (DAE) Ltd. announced today that it had closed the sale of StandardAero to an affiliate of Veritas Capital. The agreement to sell was previously announced on 26 May 2015.

Dubai Aerospace Enterprise (DAE) Ltd is a globally recognized aerospace company headquartered in Dubai. More information can be found on the company’s web site at www.dubaiaerospace.com.

Contact: press.office@dubaiaerospace.com