DAE receives investment grade credit rating of BBB+ from Kroll Bond Rating Agency

| DAE Group

Dubai, U.A.E., 16 October 2018 – Dubai Aerospace Enterprise (DAE) Ltd. announced today that it has received an investment grade corporate credit rating of BBB+ from Kroll Bond Rating Agency (KBRA).

KBRA’s press release announcing the assigning of this rating can be found here.

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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 | press.office@dubaiaerospace.com