DAE Capital Launches Third-Party Aviation Asset Management Unit

Press release
Published January 16th, 2018 - 10:19 GMT

DAE’s platform has a multidisciplinary team of 140 individuals with more than 30 years of experience investing in and managing a wide range of aircraft assets.
DAE’s platform has a multidisciplinary team of 140 individuals with more than 30 years of experience investing in and managing a wide range of aircraft assets.

DAE Capital, Dubai Aerospace Enterprise’s leasing division, today announced the creation of DAE Aircraft Investor Services (DAE-AIS), a separate unit dedicated to servicing the needs of debt and equity investors in aviation assets.

DAE-AIS will:

  • Leverage DAE’s full service, global platform to provide bespoke asset management solutions to investors in aviation assets,
  • Provide investors a single point of contact dedicated to championing their interests within the wider DAE platform, and
  • Ensure a best-in-class standard of care for investors’ assets. 

Commenting on the creation of DAE-AIS, Firoz Tarapore, Chief Executive Officer of DAE said: “DAE-AIS will provide a unique offering blending our full platform capabilities with a dedicated service unit led by industry veteran Dan Stone. Dan will be responsible for growing the assets under management of approximately $850 million to $5 billion to address the growing needs of investors in this sector.”

DAE’s platform has a multidisciplinary team of 140 individuals with more than 30 years of experience investing in and managing a wide range of aircraft assets. DAE’s team has substantial experience in all aspects of aircraft leasing and management, with a focus on the full range of aircraft from turboprops to wide-body aircraft across the entire age spectrum from new aircraft deliveries to end of life solutions.  

Background Information

Dubai Aerospace Enterprise

Dubai Aerospace Enterprise is a global aerospace corporation headquartered in Dubai. As an industry leading globally relevant aerospace business, DAE is enhancing Dubai’s strong position as an aviation and finance hub.

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