DAE Capital names David Houlihan to newly created position of President

| DAE Capital

David houlihan

Dubai, U.A.E., 9th May 2018 – Dubai Aerospace Enterprise (DAE) Ltd. has announced today the appointment of David Houlihan to the newly created position of President of DAE Capital. Under Mr. Houlihan’s leadership this business line will encompass most of DAE’s customer facing activities. This function will include the areas of Sales, Trading, Technical and the recently launched Aircraft Investor Services.

Firoz Tarapore, CEO of DAE commented “I am delighted to promote David Houlihan to the newly created position of President at DAE Capital. I believe this new role allows us to further focus on our growth strategy with customer relationships being a focal point of that strategy. David’s passion and enthusiasm for DAE Capital’s strategy along with a more concentrated leadership structure will position us well for the future.”

David Houlihan joined DAE Capital in 2014 and was previously the Co-Chief Commercial Officer.  Mr. Houlihan has 18 years of experience in the aviation industry and has held key positions in technical and sales throughout his career.  He is a certified ISTAT aircraft appraiser and holds a bachelor’s degree in Aeronautical Engineering from University of Limerick, Ireland.

* ENDS *

About DAE

Dubai Aerospace Enterprise (DAE) Ltd. is a globally recognized aerospace corporation and one of the largest aircraft leasing companies in the world. Headquartered in Dubai, DAE’s leasing and engineering divisions serve over 125 airline customers around the world from its seven locations in Dubai, Dublin, Amman, Singapore and the US.

DAE’s award-winning leasing division DAE Capital has an owned, managed and committed fleet of nearly 400 Airbus, ATR and Boeing aircraft with a fleet value of US$ 14 billion. More information can be found on the company’s web site at www.dubaiaerospace.com.

For further information, please contact:

Arne Bevaart +971 4 428 9591 | Alec Elliott +353 87 187 9161 | press.office@dubaiaerospace.com