Prime Highlights
- DAE Capital is close to securing control of Macquarie AirFinance following a competitive bidding process, signaling strong global demand for aircraft leasing assets.
- The potential acquisition would significantly expand DAE’s aircraft portfolio and strengthen Dubai’s position in the global aircraft leasing industry.
Key Facts
- The bidding process began earlier this year, with DAE Capital competing against AviLease and Lesha Bank in the final stage.
- Parent company Dubai Aerospace Enterprise previously expanded through major acquisitions, including the 2017 purchase of AWAS.
Background
Dubai-based aircraft lessor DAE Capital is nearing an agreement to acquire control of Macquarie AirFinance, according to two industry sources familiar with the matter. The companies have not issued official statements on the proposed transaction.
The potential deal follows a competitive bidding process that began earlier this year. In January, reports said that DAE Capital moved to the final stage of the deal along with AviLease and Lesha Bank. Strong interest shows that demand for aircraft leasing assets is rising around the world.
The timing of the sale comes as global demand for commercial aircraft keeps growing. Major manufacturers like Boeing and Airbus have struggled to increase production fast enough to meet airline orders. Ongoing supply chain problems have delayed deliveries and reduced the number of aircraft available.
Aircraft leasing companies are stronger. With fewer new jets available, airlines rely on leased planes to expand or replace old ones. This has raised the value of leasing portfolios and led owners to sell at higher prices.
If DAE Capital completes the acquisition, it will grow its aircraft portfolio and strengthen its presence worldwide. However, the company would also need to integrate Macquarie AirFinance’s assets and manage operational challenges in a market still affected by supply constraints.
DAE Capital operates under its parent, Dubai Aerospace Enterprise, which has previously made large acquisitions, including the 2017 purchase of Dublin-based AWAS. The deal would boost Dubai’s role in the global aircraft leasing industry and might trigger more consolidation in the sector.
