Dubai Aerospace Enterprise to acquire Nordic Aviation Capital.

Dubai Aerospace Enterprise, an aviation services company, agreed to acquire Nordic Aviation Capital, a regional aircraft lessor. Financial terms were not disclosed. “We are delighted at this opportunity to add NAC’s capabilities, complementary market presence, and people to our platform. This transaction will allow us to provide more cost-effective solutions to a larger group of customers,” Firoz Tarapore, DAE Chief Executive Officer.