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DAE Strikes $7 Billion Deal to Acquire Macquarie AirFinance

DAE plans a debt‑equity financing mix to preserve its investment‑grade rating.

Overview

  • DAE signed a definitive agreement approved by its board to buy 100% of Macquarie AirFinance, with closing targeted in the second half of 2026 pending regulatory approvals.
  • The combined portfolio will total 1,029 owned, managed and committed aircraft serving 191 airlines across 79 countries, with narrow‑body jets accounting for about 70% of the fleet.
  • Completion would add 37 airline customers to DAE’s roster and extend its reach into seven additional country markets.
  • DAE says the transaction, once completed, will more than double its fleet size compared with year‑end 2024.
  • The company says financing will come from a mix of debt and equity to support current ratings and its objective of a credit upgrade.