The Dubai Aerospace Enterprise (DAE) is a government-owned holding company operating through six subsidiaries: aircraft manufacturing; aircraft servicing; airport development and management; aircraft leasing and financing; aerospace education; aerospace technology incubator and consulting.

With the backing of Dubai’s ruling family, DAE was established with AED55.1 billion (USD15 billion) in start-up capital and a mission to establish a presence for the Aerospace industry to the Middle East.

DAE Engineering provides aviation maintenance, repair and overhaul (MRO) operations, engine maintenance, repair and services as well as aircraft completions and conversions. DAE Manufacturing provides synergies with DAE Engineering and deliver cutting-edge research and development, manufacturing and assembly. Another subsidiary, DAE Airports plans to enhance the operational performance of airport systems and infrastructure.

Through DAE Capital, the group offers aircraft leasing, financing, and insurance. DAE's education arm, DAE Flight Academy, was established in partnership with the UK-based Cranfield University to offer undergraduate and post-graduate degrees in aeronautics. DAE Services is an aerospace technology incubator that compliments its sister companies by seeking out emerging technologies that can be integrated into DAE's airplane and airport divisions.

DAE acquired the aviation service providers Standard Aero and Landmark Aviation from The Carlyle GroupThe Carlyle Group in mid 2007. Later in the year, DAE sold the FBO business of Landmark Aviation and consolidated the MRO businesses of Landmark Aviation and Standard Aero, which now operate under a single brand entity, Standard Aero.

As a group, DAE aims to have AED18.4 billion (USD5 billion) to AED36.7 billion (USD10 billion) in revenues by 2012; it also plans to have each of its subsidiaries undergo an IPO in the future.