MAY 17, 2018 - Alexander Cornwell - Reuters
DUBAI (Reuters) - Dubai Aerospace Enterprise (DAE), one of the world's largest aircraft lessors, is in talks to buy 400 jetliners from Airbus and Boeing and is prepared to expand its fleet through acquisition if talks fall through, its CEO told Reuters.
The move comes months after a leading U.S. airline investor orchestrated a record deal last November for a group of airlines to buy more than 400 planes from Airbus as economists project strong growth for air travel.
Government-controlled DAE is interested in buying single-aisle Airbus A320neo-family and Boeing 737 MAX planes after its acquisition last year of Dublin-based lessor AWAS, DAE Chief Executive Firoz Tarapore said on Thursday.
Any deal would not necessarily be...