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Dubai Aviation Nears Acquisition of Macquarie Aircraft Leasing Unit

Dubai Aviation Nears Acquisition of Macquarie Aircraft Leasing Unit
A Dubai-based aircraft leasing company is reportedly close to acquiring Macquarie AirFinance’s leasing operations, amid a surge in global demand for commercial aircraft and ongoing production challenges faced by manufacturers. Industry sources familiar with the negotiations indicate that DAE Capital, headquartered in Dubai, is nearing an agreement to assume control of Macquarie AirFinance’s portfolio. Neither DAE Capital nor Macquarie has publicly commented on the potential transaction.
Competitive Bidding and Market Context
The prospective acquisition follows a competitive bidding process initiated earlier this year, with DAE Capital advancing to the final selection round in January. The Dubai firm competed against Saudi Arabia’s AviLease and Qatar’s Lesha Bank, underscoring the intense interest in aircraft leasing assets within a market constrained by limited supply.
This transaction occurs at a time when leading manufacturers such as Boeing and Airbus are struggling to meet the escalating demand for new jets. Persistent supply chain disruptions have impeded production, a challenge highlighted recently by Airbus CEO Guillaume Faury, who emphasized ongoing difficulties in sourcing critical components. These shortages have increased the value of leased aircraft, creating lucrative opportunities for lessors and accelerating consolidation within the sector.
Strategic and Operational Implications
If completed, DAE Capital will face the complex task of integrating Macquarie’s diverse aircraft portfolio into its existing operations. Successfully managing this integration, alongside navigating continued supply chain uncertainties, will be critical for the Dubai-based firm. Market analysts are expected to closely evaluate the strategic alignment and financial ramifications of the acquisition, particularly as investors assess the risks and potential rewards of expansion in a volatile environment.
The move may also prompt competitors to intensify efforts to secure market share, potentially triggering further strategic realignments among leading aircraft lessors and manufacturers. This development aligns with a broader trend of consolidation in the aerospace industry, as evidenced by recent mergers and acquisitions activity through late 2025, with larger entities seeking to reinforce their market positions amid heightened competition.
DAE Capital’s parent company, Dubai Aerospace Enterprise, has a track record of significant acquisitions, including its 2017 purchase of Dublin-based AWAS, then ranked as the world’s tenth-largest aircraft lessor. The potential acquisition of Macquarie AirFinance’s leasing unit would further solidify Dubai’s standing as a key player in the global aircraft leasing market, while presenting new operational and strategic challenges in an evolving industry landscape.

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