Dubai, UAE – Dubai Aerospace Enterprise Limited announced pre-tax profits of $229.9 million during the six months ending June 30, 2026. Compared to $217.1 million during the same period last year. Revenues rose to $865.9 million compared to $843.6 million.
The company’s financial results showed that the adjusted profit margin before deducting taxes increased to 26.6% compared to 25.7%. While the rate of return on equity before deducting tax reached 12.7%, compared to 13.3% in the corresponding period in 2025. While operating cash flow reached $594 million compared to $659 million.
According to the results, the company’s total assets amounted to $16.005 billion at the end of June 2026. Net loans and borrowings declined to $9.798 billion compared to $10.228 billion at the end of 2025. Available liquidity rose to $4.376 billion, compared to $3.4 billion. With liquidity coverage reaching a record high of 1,202%, compared to 277% at the end of last year. While the ratio of net debt to equity reached 2.61 times, the ratio of unsecured debt rose to 89.4% compared to 87.8%.
In terms of operational activities, the company acquired 18 aircraft, sold 39 aircraft, and signed 114 lease, extension, and modification agreements. The number of owned, operated and ordered aircraft in its fleet reached 638 aircraft. The Engineering Department also recorded approximately 720,000 reserved work hours and completed 142 inspections during the first half of the year.
During this period, the company announced an agreement with Blackstone Credit and Insurance to launch the long-term joint investment platform Equator. Targeting annual aircraft investments worth $1.6 billion. In addition to an agreement with Neuberger to launch the Mustang platform. Targeting aircraft investments worth $6 billion in the medium term.
