Dubai Aerospace Enterprise (DAE) has announced a remarkable financial performance for the first nine months of 2025, with profits doubling as the global aviation sector rebounds. The company reported a pre-tax profit of $653 million, a 100% increase compared to $326.6 million in the same period last year. Total revenue also surged by 26%, reaching $1.28 billion, up from $1.02 billion, driven by robust fleet utilization and the integration of Nordic Aviation Capital (NAC), acquired earlier this year. Operating cash flow rose to $1.13 billion, while adjusted pre-tax profit margins improved to 26.7%. DAE’s total assets expanded to $16.36 billion, reflecting the successful incorporation of NAC’s portfolio. CEO Firoz Tarapore highlighted the company’s strengthened position in the global leasing market, emphasizing the full integration of NAC and sustained financial health. DAE’s fleet grew significantly, with 263 aircraft acquired, including 249 for its owned portfolio. The company also signed 162 new lease agreements and expanded its engineering services arm, Joramco, which saw a 56.3% increase in profitability. With $3.44 billion in available liquidity and $2.75 billion raised from regional and Asian banks, DAE is well-positioned to capitalize on the ongoing recovery in commercial aviation and the global push for fleet modernization.