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المشهد العربي
Dubai Aerospace Profits Drop 56%
Dubai Aerospace Industries reported a 56% decrease in its net profits during the first half of 2026, reaching $189.5 million compared to $432.7 million in the same period last year, despite a 3% increase in revenues to $865.9 million. This significant decline is primarily due to the absence of a one-time, extraordinary item in last year's results, which included the settlement and recovery of insurance amounts totaling $289.7 million. Profit margins were also affected by a 15% rise in depreciation and amortization expenses, a 21% increase in aircraft maintenance costs, and a 13% rise in net financing costs.
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