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عربي

Dubai Aerospace Enterprise

  
Also known as: DAE
 
Profile
 
Officers
 
News
 
 
 
 
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Updated: Sep 13, 2011
 
 
 
Country

UAE

Ownership Type
Private
Company Type
Limited Liability
 
 
 
 
Principal Activities
Holding companies involved in aircraft manufacturing and maintenance; airport management; provides investment services in the aviation sector; provides leasing services of aircrafts; flight training; Information technology solutions for transport sector.
 
Date of Establishment Year
2006 (February)
 
No of Employees
N/A Company, 4,000 Group (As of Sep 10, 2011)
 
Brands
Standard Aero
 
 
Contact Details
Address:
DIFC Building 4
3rd Floor
Sheikh Zayed Road
P.O. Box 506592
Dubai 
United Arab Emirates
 
Tel:
+971 4-428-9600
 
Fax:
+971 4-425-0382
 
Email:
info@dubaiaerospace.com
 
Website:
www.dubaiaerospace.com
 
Related Links:
www.srtechnics.com
www.standardaero.com

 
 
 Privatization Details
Subscription
Period:
2010
 
 
 Business Overview
The UAE-based Dubai Aerospace Enterprise (DAE) holds companies involved in the transportation and aerospace industries in the UAE, Switzerland and the United States.

Among the company’s subsidiaries is DAE CapitalDAE CapitalLoading..., which provides investment services to the aviation sector and leasing of aircrafts.

Another subsidiary is DAE Engineering, which provides aviation maintenance, repair and overhaul (MRO) operations, engine maintenance, repair and services as well as aircraft completions and conversions.
 
 
 Major Shareholders   
Name   Type  Country  Holding 
DIFC Investments  Government UAE 23.30% 
Dubai Silicon Oasis  Government UAE 16.66% 
Dubai International Capital  Corporate UAE -
Dubai International Finance Center Investments [DIFC]  Government UAE -
Emaar Properties  Corporate UAE -
Investment Corporation of Dubai  Government UAE -
Istithmar World  Government UAE -
 Note: The above shareholders own 100% of the company's stake.
 
 
 Direct Investments and Related Entities 
Subsidiaries/Associates/Affiliates
Name  Country  Holding 
DAE Capital UAE 100.00%
SR Technics [via DAE Engineering] Switzerland 30.00%
DAE Airports UAE -
DAE Aviation Holdings United States -
DAE Engineering UAE -
DAE Services UAE -
DAEFA Holdings UAE -
Standard Aero [via DAE Engineering] United States -
 
 
 Financial Results  31-Dec-09  31-Dec-10   Yr on Yr 
  USD'000 USD'000 change (%)
Paid-up capital 1,050,000 1,050,000 0.00
 
 
 
 
 
 

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