Dhaka, Oct. 30 -- Dubai Aerospace Enterprise (DAE) reported a 100pc jump in profit before tax to $653 million for the nine months ended Sept. 30, from $326.6 million a year earlier, as global air travel rebounded and leasing demand strengthened.
Revenue rose 26pc to $1.28 billion from $1.02 billion, supported by higher fleet utilisation and the integration of Nordic Aviation Capital (NAC), acquired earlier this year.
Operating cash flow climbed to $1.13 billion from $904 million, while adjusted pre-tax margin improved to 26.7pc and return on equity to 13.6pc.
Total assets increased to $16.36 billion from $13.03 billion, reflecting NAC's addition.
CEO Firoz Tarapore said the results highlight DAE's stronger position in the global leasi...
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