Dubai Aerospace Enterprise (DAE) Ltd has successfully completed its acquisition of 100% of the outstanding shares of Nordic Aviation Capital for a total investment of US$2.0 billion. This significant acquisition was previously announced, and it marks a major milestone for DAE in the aviation sector.

The completion of this acquisition enhances DAE’s position in the global aviation market. Nordic Aviation Capital is known for its strong portfolio and expertise in the regional aircraft leasing industry, which aligns with DAE’s strategic goals.

This deal highlights DAE’s commitment to expanding its operations and capabilities within the aviation sector, positioning the company for future growth and success.