One of these is Dubai Aerospace Enterprise (DAE), a diversified firm owned by the Investment Corporation of Dubai, the emirate’s government investment arm. What’s more, DAE combines its leasing business with a sizable maintenance, repair and overhaul (MRO) operation based out of Amman, Jordan. “The leasing business today is, I would say, about 85% of our business, and the engineering business is the remainder of that.” On trends in the aircraft leasing and MRO marketsWhat are Tarapore’s views on the global leasing market and the main drivers behind it? This year we’re acquiring Macquarie, so that’s 300-plus assets, and that has changed our business from a 400-500 aircraft fleet two years ago to a 1,000-plus aircraft fleet,” he continued.