DAE Announces Financial Results for the Nine Months Ended September 30, 2026

Arabic version

Dubai, U.A.E., 10 November 2026 – Dubai Aerospace Enterprise (DAE) Ltd (“DAE”), the global aviation services company, today reported its financial results for the nine months ended September 30, 2026. The consolidated financial statements can be found here.

Selected Financial Highlights:

Selected Business & Operational Highlights:

• Completed US$9.0 billion acquisition of Macquarie AirFinance Limited (“MAF”)
• Number of aircraft acquired: 290 (owned: 272; managed: 18) (2)
• Number of aircraft sold: 58 (owned: 48; managed: 10)
• Lease agreements, extensions, and amendments signed: 195 (owned: 158; managed: 37)
• Owned, Managed, and Committed Aircraft in Fleet: 983
• Number of man hours booked (DAE Engineering): ~900,000
• Number of checks performed (DAE Engineering): 170+
• Announced four Boeing 777F purchase leaseback transaction with Saudia

Commenting on the results, Firoz Tarapore, Chief Executive Officer of DAE, stated, “We completed the previously announced acquisition of MAF at the end of July. This acquisition brings our combined Owned, Managed and Committed fleet count to approximately 1,000 aircraft; double what it was 24 months ago. Our Owned Fleet count of 716 aircraft makes us the second largest aircraft lessor globally.

This acquisition of MAF and the previously announced mandates from Blackstone and Neuberger significantly boost our ability to offer more comprehensive solutions to our airline clients, enrich our dialog with our suppliers and expand our reach with our trading counterparties. Successfully executing our mandates puts us on a trajectory to reach a combined fleet count of approximately 1,300 aircraft.

Following the closing of the MAF acquisition, our liquidity and capital adequacy metrics remain robust, underscoring our commitment to our stakeholders that major transactions will be appropriately capitalized and funded on the date of closing.

The integration of the acquisition is now functionally complete and is on track to be fully complete by end-November 2026.
Turning to DAE Engineering, revenue from this division remains below our target as a consequence of persistent airspace closures, many of which remain in place today. The outlook for the northern hemisphere winter season is positive, and the pipeline of aircraft inductions expected is robust.”

In In connection with the announcement of DAE’s results for the nine months ended September 30, 2026, management will host a conference call on Tuesday, November 10, 2026 at 08:30 EST / 13:30 GMT / 17:30 GST / 21:30 SGT.

The call can be accessed by clicking here to attend the presentation from your laptop, tablet or mobile device, or by clicking here to generate your unique dial-in PIN and to access the full list of toll-free dial-in numbers.

Full details of the call can also be accessed live via the link on DAE’s website: www.dubaiaerospace.com/investors.

Forward Looking Statements

Certain information contained in this Press Release may constitute “forward-looking statements” which can be identified by the use of forward-looking terminology such as “may”, “will”, “should”, “could”, “continue”, “expect”, “anticipate”, “predict”, “project”, “plan”, “estimate”, “budget”, “assume”, “potential”, “future”, “intend” or “believe” or the negatives thereof or other comparable terminology. These statements reflect DAE’s current expectations and assumptions and involve known and unknown risks regarding future events, results or outcomes and are not guarantees of future results or financial condition. Actual results, performance, achievements, or conditions may differ materially from those in the forward‐looking statements and assumptions as a result of a number of factors, many of which are beyond DAE’s control.

 Non-IFRS Financial Information

This Press Release may include certain non-IFRS financial information, such as Adjusted EBITDA, not prepared in accordance with IFRS. Because of the limitations of Adjusted EBITDA, it should not be considered as a substitute for financial information prepared or determined in accordance with IFRS, as applicable. Where applicable, DAE compensates for these limitations by relying primarily on its IFRS results and using Adjusted EBITDA only for supplemental purposes.