emirates7 - Dubai Aerospace Enterprise (DAE) recorded a 24% year-on-year rise in revenue for the first half of 2025, reaching US$843.6 million, up from $679.2 million during the same period in 2024.

Pre-tax profit soared by 228% to $506.8 million, compared to $154.3 million in the first half of last year. This significant increase was driven by stronger profitability indicators and DAE’s recent acquisition of Nordic Aviation Capital (NAC).

As a result, the company’s pre-tax margin improved to 25.7%, while return on equity climbed to 13.3%.

Operating cash flow reached $659 million in H1 2025. Total assets rose to nearly $16 billion by the end of June, up from around $13 billion at the end of December 2024, largely due to the $2 billion NAC acquisition completed in May.

The purchase significantly expanded DAE’s fleet to about 750 aircraft—including owned, managed, and committed units—marking nearly 50% growth.

During the period, the company acquired 236 aircraft and disposed of 35.

DAE CEO Firoz Tarapore noted, “We have completed integration of our front office functions and expect to finalize the integration of all middle- and back-office systems and operations by the end of this quarter.”