Revenue of US$1,070.4 million; Net Income of US$260.5 million
Dubai, U.A.E., 7 November 2019 – Dubai Aerospace Enterprise (DAE) Ltd. reported financial results for the nine months ended 30 September 2019.
- Total Revenue: US$1,070.4 million (nine months ended 30 September 2018: US$1,069.2 million)
- Profit: US$260.5 million (nine months ended 30 September 2018: US$290.5 million)
- Pre-Tax Profit Margin: 27% (nine months ended 30 September 2018: 31%)
- Net Debt-to-Equity: 2.56x (Year-end 2018: 2.57x)
- Unsecured Debt as a percentage of Total Debt: 57% (Year-end 2018: 46%)
Further details can be found on DAE’s website at dubaiaerospace.com/investors
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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, committed to own and committed to manage fleet of approximately 400 Airbus, ATR and Boeing aircraft with a fleet value exceeding US$15 billion. More information can be found on the company’s web site at www.dubaiaerospace.com.
For further information, please contact:
| Media | Fixed Income Investors |
| Arne Bevaart | Sinan Kahya |
| +971 4 428 9591 | +971 4 428 9593 |
| press.office@dubaiaerospace.com | investorrelations@dubaiaerospace.com |