What Happened
Revenue Up, Record Liquidity, and Strategic Platforms Announced
Dubai Aerospace Enterprise (DAE) has reported strong financial results for the first half of 2026, with revenue reaching $865.9 million and profit before tax and exceptional items rising to $229.9 million. The company maintained a pre-tax profit margin of 26.6% and achieved a record liquidity coverage ratio of 1,202%. DAE also announced new strategic investment platforms, including Equator and Mustang, which aim to invest in aircraft assets. The company’s CEO, Firoz Tarapore, noted that these platforms are expected to add approximately $15 billion of new aircraft assets over the next five years. This news was first reported by TradeArabia News Service.