This upgrade was driven by several key factors, most notably the company's continuous business expansion and increased market share, alongside an improvement in fleet and customer diversification, as well as a clear vision for future growth, especially after its announcement in February 2026 of plans to acquire 'Makwayar', a deal expected to be completed in the second half of the year. According to the assessment, the merged entity will have a fleet of up to 1,029 aircraft. 'KBRA' upgraded the credit rating of 'Dubai Aerospace Enterprise' from 'BBB+' to 'A-' with a stable outlook, a move that reflects a significant improvement in the company's performance and its position in the global aircraft leasing market.
