Dubai, UAE – Dubai Aerospace Enterprise announced the signing of a final agreement under which it will acquire a 100% stake in Macquarie Aviation Limited “MAF” with a total value of approximately $7 billion.
Upon completion of the acquisition, the company will have an initial fleet of 1,029 owned, operated and committed aircraft.
It will serve 191 customers in 79 countries, and narrow-body aircraft will represent approximately 70% of the combined fleet.
Upon completion of the deal, 37 new airlines are expected to join Dubai Aerospace Enterprise’s customer portfolio.
Expanding its presence to include 7 new countries.
According to the statement issued, the deal will be financed through a combination of debt and equity.
Maintaining Dubai Aerospace Enterprise’s current credit ratings.
The Dubai Aviation Industries Board of Directors approved this deal, and it is subject to the usual conditions of completion.
Including obtaining the necessary regulatory approvals, which are expected to be completed during the second half of 2026.
Allen Overy Sherman Sterling and KPMG advised Dubai Aerospace Enterprise on the deal.
