Dubai Aerospace Enterprise Ltd. has secured a $300 million three-year unsecured term loan from Bank of China (Dubai) Branch, Bank of China Limited in London, and Bank of China (Hong Kong) Limited. This funding will be utilized for general corporate purposes and to address future financing needs of the business.

Firoz Tarapore, CEO of DAE, expressed that this transaction with Bank of China enhances their liquidity, allowing them to continue meeting the demands of airline customers while ensuring a modern and efficient fleet.

In March 2024, DAE had previously signed a $420 million five-year unsecured term loan with China Construction Bank (DIFC Branch) and China Construction Bank (Asia) Corporation Limited.

As of March 31, 2025, DAE reported a total debt of $8 billion, with 80% classified as unsecured. The company’s net debt-to-equity ratio stood at 2.43x.