Processing timeline
24
days
Acquirer(s)
Dubai Aerospace Enterprise (DAE) Ltd DIFC - 0170
Target(s) or Vendor(s)
Macquarie AirFinance Limited UK - 11958743
Other parties
DAE Eirecam Designated Activity Company IE - 809061
Dubai Aerospace Enterprise Ltd acquired 100% of the issued share capital in Macquarie AirFinance Limited. Both companies are globally active aircraft lessors, providing dry leases of regional, narrow-body, and wide-body aircraft to airlines. This transaction was structured as a share sale.
Dubai Aerospace Enterprise Ltd ( DAE ) proposes to acquire 100% of the issued share capital in Macquarie AirFinance Limited ( Macquarie AirFinance ) (the Acquisition ). DAE is a globally active aircraft lessor, headquartered in Dubai. DAE is active in leasing regional, narrow-body and wide-body aircraft to airlines. DAE consists of two divisions: DAE Capital and DAE Engineering. DAE Capital carries out aircraft leasing, aircraft trading and provides aircraft investor services. DAE Engineering, through Joramco, provides regional maintenance repair & overhaul services. Macquarie AirFinance is a globally active aircraft lessor of civil aviation aircraft, headquartered in Dublin. Macquarie AirFinance is primarily active in leasing narrow-body aircraft, and, to a lesser extent, wide-body aircraft to airlines. Both DAE and Macquarie AirFinance are globally active suppliers of aircraft dry leases.