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Dubai Aerospace Posts Revenue Gain as MAF Integration Nears Completion

Management says stronger revenue, solid available liquidity and finished functional integration position the group to fund further fleet growth toward roughly 1,300 aircraft.

Overview

  • The group reported $1.4469 billion in revenue for the nine months to September 30, 2026, and pre‑tax profit before exceptionals of $370.7 million.
  • Total assets rose to $26.8343 billion while net borrowings reached $16.7513 billion and available liquidity stood at $5.5985 billion, figures the company says fully fund major deals.
  • Dubai Aerospace completed its $9 billion purchase of Macquarie AirFinance, adding 290 aircraft and bringing its owned fleet to about 716 planes and its owned, managed and on‑order fleet to roughly 1,000.
  • Operational activity remained high with 58 aircraft sold, 195 lease transactions recorded, about 900,000 booked engineering hours and a announced sale‑and‑leaseback of four Boeing 777F freighters to Saudia.
  • Management says the MAF integration is functionally complete and expects full integration by the end of November 2026, a step that the company says will help it deliver mandates and pursue an aggregated fleet near 1,300 aircraft while investors monitor the larger balance sheet and higher leverage.