Dubai Aerospace Enterprise's revenue rose 15% to $455.5 million

A Dubai Aerospace Enterprise aircraft

Dubai Aerospace Enterprise's Profits Soar to $102.2 Million in Q1

Dubai Aerospace Enterprise (DAE) announced on Wednesday a net profit of $102.2 million for the first quarter of this year, a 19.11% increase compared to $85.8 million during the same period in 2025.

The company recorded pre-tax profits of $120.4 million, compared to $101.2 million during the corresponding period last year. The company's revenue rose 15% to a record high of $455.5 million, compared to $395.9 million during the first quarter of 2025, according to the Emirates News Agency (WAM).

Operating profit reached $243.1 million, compared to $201.4 million, while net financing costs amounted to $122.7 million, and income tax expenses totaled $18.2 million during the same period. Operating cash flow reached $296.3 million, compared to $344.7 million during the same period last year. The pre-tax profit margin increased to 26.4%, compared to 25.6%, and the return on equity before tax remained stable at 13%.

Regarding the company's financial position, total assets reached $16.336 billion at the end of March, compared to approximately $16.547 billion at the end of December. Available liquidity also increased to $4.547 billion, compared to $3.4 billion, with the liquidity coverage ratio improving to 1089%, compared to 277%.

In terms of operational performance, the company acquired nine aircraft, sold 15, and signed 64 lease, extension, and modification agreements, bringing its total fleet to 663 owned, managed, and ordered aircraft.

Dubai Aerospace Enterprise (DAE) also signed new long-term, unsecured revolving credit facilities worth $2.8 billion.