Dubai plane lessor DAE and US-based Neuberger launch $6bn leasing venture | The National

DAE manages a fleet of around 700 aircraft, valued at approximately $25 billion as of March 2026. Photo: DAEInfoNew venture called Mustang will enable both companies to acquire and manage diverse fleet to support airlines globally

Dubai Aerospace Enterprise and Neuberger Specialty Finance have launched Mustang Aerospace, a co-investment vehicle targeting up to $6 billion in aircraft assets.

Mustang will acquire and manage a diverse fleet of aircraft, supporting airlines globally amid ongoing supply shortages and delivery delays.

DAE, which manages around 700 aircraft valued at approximately $25 billion, serves more than 200 airlines across over 80 countries.

Mustang has secured committed warehouse financing from a consortium of global banks, including Goldman Sachs, Mizuho, BNP Paribas, MUFG, Société Générale, and Truist.