Dubai Aerospace Enterprise (DAE) reported total revenue for the year was $1315.7m up from $1,137.8 million in 2022 inn its financial results for the year 2023.
The lessor reported 404 owned aircraft, 25 managed and 64 ordered.
DAE recorded a profit of $350.6m up from 279.3 million in the previous year.
The company’s operating cash flow was $1233.2m up from $1,281.8m.
Assets were DAE’s total assets decreased to $12,262.5m from $12,709.1 in 2023.
The company’s net loans and borrowings decreased from $8,045 up from $7,592.1 million during the same period.
