Dubai, United Arab Emirates – Dubai Aerospace Enterprise’s revenues rose 24% to reach $843.6 million during the first half of this year, compared to $679.2 million for the same period last year, while pre-tax profits jumped 228% to reach $506.8 million, compared to $154.3 million during the first half of 2024.
The company recorded an improvement in profitability indicators, as the adjusted profit margin before taxes rose to 25.7%, and the rate of return on equity before taxes reached 13.3%.
The financial report indicated that operating cash flow amounted to $659 million during the first half of this year, while total assets rose to about $16 billion at the end of June 2025, compared to about $13 billion at the end of December 2024, following the company’s acquisition of “Nordic Aviation Capital – NAC” last May, worth $2 billion.
This acquisition contributed to expanding Dubai Aerospace Enterprise’s aircraft portfolio to reach about 750 aircraft, including owned, operated and on-demand aircraft, representing a growth of approximately 50%.
The number of aircraft acquired reached 236, while the number of aircraft sold reached 35.
Fayrouz Tarapur, CEO of Dubai Aerospace Enterprise, said that the company was able to complete the integration of the entire front-end operational functions, and is currently working on completing the integration of systems and supporting functions, expecting this to be completed by the end of the third quarter of this year.
