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Thursday, 17 May 2018

Exclusive: Dubai Aerospace in talks to place huge order for 400 jets | Reuters

Exclusive: Dubai Aerospace in talks to place huge order for 400 jets | Reuters:

"Dubai Aerospace Enterprise (DAE), one of the world’s largest aircraft lessors, is in talks to buy a near-record total of 400 jetliners from Airbus and Boeing, its CEO told Reuters, in a $40 billion blowout that would match the order pipeline of rivals. 

The move comes months after a leading U.S. airline investor orchestrated a record deal involving more than 400 planes from Airbus as economists project strong growth for air travel, led by the continued expansion of budget carriers.

Airbus and Boeing have sold thousands of the latest versions of their workhorse single-aisle jets in recent years, but the order cycle is slowing down. However, the boom has left long waiting times for jets for remaining potential buyers like DAE. "



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