Search company, investor...

Dubai Aerospace Enterprise

dubaiaerospace.com

Founded Year

2006

Stage

Loan - II | Alive

Total Raised

$1.1B

Last Raised

$300M | 3 yrs ago

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

+20 points in the past 30 days

About Dubai Aerospace Enterprise

Dubai Aerospace Enterprise (DAE) is an aircraft leasing and maintenance company controlled by the government of Dubai. The company was founded in 2006 and is based in Dubai, United Arab Emirates.

Headquarters Location

DIFC, ICD Brookfield Place Level 20

Dubai,

United Arab Emirates

+971 4 428 9600

Missing: Dubai Aerospace Enterprise's Product Demo & Case Studies

Promote your product offering to tech buyers.

Reach 1000s of buyers who use CB Insights to identify vendors, demo products, and make purchasing decisions.

Missing: Dubai Aerospace Enterprise's Product & Differentiators

Don’t let your products get skipped. Buyers use our vendor rankings to shortlist companies and drive requests for proposals (RFPs).

Latest Dubai Aerospace Enterprise News

Policies not triggered, say insurers in London case against Dubai Aerospace Enterprise

Jan 9, 2023

SHARE Insurers of aircraft lessor Dubai Aerospace Enterprise (DAE) insist the latter isn’t eligible for compensation. The 11 defendants – Lloyd’s, Abu Dhabi National Insurance Company, AIG , AXIS Specialty Europe, Chubb , Fidelis Insurance Ireland, Global Aerospace Underwriting Managers, Great Lakes Insurance, HDI Global Specialty, Starr Europe Insurance, and Swiss Re – in the High Court case in London argue in their submissions that sanctions against Russia have not triggered DAE’s insurance policies. According to Law360, DAE is claiming a total of $875 million . As previously reported, the Dubai-headquartered aircraft lessor had written off $576.5 million for 19 planes stuck in Russia. Last week, DAE reported that the fleet size of its DAE Capital division for the full year 2022 stood at around 500. The number spans the company’s owned, managed, committed, or mandated-to-manage aircraft. DAE Capital has 118 customers in 59 countries, while the DAE Engineering segment served over 50 customers in 25 countries in FY22. Meanwhile, a recent lawsuit added to the mix – also in the UK – is that by Merx Aviation Servicing against Chubb Europe and others. Related stories:

Dubai Aerospace Enterprise Frequently Asked Questions (FAQ)

  • When was Dubai Aerospace Enterprise founded?

    Dubai Aerospace Enterprise was founded in 2006.

  • Where is Dubai Aerospace Enterprise's headquarters?

    Dubai Aerospace Enterprise's headquarters is located at DIFC, ICD Brookfield Place, Dubai.

  • What is Dubai Aerospace Enterprise's latest funding round?

    Dubai Aerospace Enterprise's latest funding round is Loan - II.

  • How much did Dubai Aerospace Enterprise raise?

    Dubai Aerospace Enterprise raised a total of $1.1B.

  • Who are the investors of Dubai Aerospace Enterprise?

    Investors of Dubai Aerospace Enterprise include Emirates NBD, Emirates Islamic, First Abu Dhabi Bank and Al Ahlia Group.

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.