Dubai plane leasing firm DAE sells $1 billion in bonds

Dubai Aerospace Enterprise ATR72-600 aircraft. (Supplied)

• DAE is one of the biggest plane leasors in the world

Dubai Aerospace Enterprise (DAE), one of the world’s biggest aircraft leasing companies, sold $1 billion in bonds due in August 2024 on Tuesday as it tapped the international debt markets for the second time this year, a document reviewed by Reuters showed.