{"id":21160,"date":"2019-07-11T15:39:13","date_gmt":"2019-07-11T11:39:13","guid":{"rendered":"http:\/\/blog.dubaicityguide.com\/site\/?p=21160"},"modified":"2019-07-11T15:39:13","modified_gmt":"2019-07-11T11:39:13","slug":"dae-reports-1h-2019-highlights-delivers-and-commits-to-us1-1-billion-in-aircraft-assets","status":"publish","type":"post","link":"https:\/\/blog.dubaicityguide.com\/site\/dae-reports-1h-2019-highlights-delivers-and-commits-to-us1-1-billion-in-aircraft-assets\/","title":{"rendered":"DAE Reports 1H 2019 Highlights Delivers And Commits To US$1.1 Billion In Aircraft Assets"},"content":{"rendered":"<p>Dubai Aerospace Enterprise (DAE) Ltd. today announced its 1H 2019 key strategic and operational highlights for its leasing division, DAE Capital:<\/p>\n<p><strong>Strategic and operational highlights: <\/strong><\/p>\n<ul>\n<li>Delivered and committed to deliver over US$1.1 billion in aircraft assets<\/li>\n<li>Grew managed assets portfolio to 51 aircraft valued at US$1.3 billion<\/li>\n<li>Boosted liquidity by adding a new US$440 million revolving credit facility<\/li>\n<li>Increased Unsecured-Debt-To-Total-Debt ratio to nearly 60%<\/li>\n<li>Repurchased shares held by EMAAR \u2013 now 100% owned by ICD<\/li>\n<\/ul>\n<p><strong>Operational metrics:<\/strong><\/p>\n<ul>\n<li>Owned, managed and committed aircraft in fleet: 357<\/li>\n<li>Customers: 110; Countries: 56<\/li>\n<li>Portfolio utilization: 99.2%<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li>New aircraft purchased: 8<\/li>\n<li>Aircraft assets sold: 20<\/li>\n<li>Lease transactions completed: 24<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li>Average age of owned fleet: 5.9 years<\/li>\n<li>Average lease term remaining on owned fleet: 6.4 years<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Dubai Aerospace Enterprise (DAE) Ltd. today announced its 1H 2019 key strategic and operational highlights for its leasing division, DAE Capital: Strategic and operational highlights: Delivered and committed to deliver over US$1.1 billion in aircraft assets Grew managed assets portfolio to 51 aircraft valued at US$1.3 billion Boosted liquidity by adding a new US$440 million [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":21161,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-21160","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/posts\/21160","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/comments?post=21160"}],"version-history":[{"count":1,"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/posts\/21160\/revisions"}],"predecessor-version":[{"id":21162,"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/posts\/21160\/revisions\/21162"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/media\/21161"}],"wp:attachment":[{"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/media?parent=21160"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/categories?post=21160"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/tags?post=21160"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}