News
DAE Capital Launches Asset Management Unit

DAE Capital Launches Asset Management Unit

Source: DAE


DAE CAPITAL LAUNCHES THIRD-PARTY AVIATION ASSET MANAGEMENT UNIT
Tuesday, January 16, 2018
DAE Capital Launches Asset Management Unit

DAE Capital Launches Asset Management Unit

Source: DAE


DUBAI -- DAE Capital has launched DAE Aircraft Investor Services (DAE-AIS), a separate unit dedicated to servicing the needs of debt and equity investors in aviation assets.

According to DAE Capital, DAE-AIS will provide asset management solutions to investors, and provide them with a single point of contact within DAE.

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 $5.0 billion to address the growing needs of investors in this sector."

DAE Capital is the leasing division of Dubai Aerospace Enterprise Ltd. It has an owned, managed, and committed fleet of nearly 400 Airbus, ATR, and Boeing aircraft with an overall value of $14 billion.

Source: Dubai Aerospace Enterprise Ltd
 

NOTICE TO USERS

Warranty: Forecast International makes no guarantees as to the veracity or accuracy of the information provided. It warrants only that the information, which has been obtained from multiple sources, has been researched and screened to the best of the ability of our staff within the limited time constraints. Forecast International encourages all clients to use multiple sources of information and to conduct their own research on source data prior to making important decisions. All URLs listed were active as of the time the information was recorded. Some hyperlinks may have become inactive since the time of publication.

Technical Support: Phone (203)426-0800 e-mail support@forecastinternational.com

Subscription Information: Phone (203)426-0800 or (800)451-4975; FAX (203)426-0223 (USA) or e-mail sales@forecastinternational.com

Aerospace/Defense News Highlights is published by Forecast International, 75 Glen Rd, Suite 302 Sandy Hook, CT 06482 USA. Articles that list Forecast International as the source are Copyrighted © 2024. Reproduction in any form, or transmission by electronic or other means, is prohibited without prior approval from the publisher.

Forecast International welcomes comments and suggestions regarding its material.
Please send any feedback to: info@forecastinternational.com