Dubai Aerospace in talks with Airbus, Boeing over order for 400 jets

DAE, controlled by the government of Dubai, is interested in buying Airbus A320neo family jets. (Reuters)
Updated 17 May 2018
0

Dubai Aerospace in talks with Airbus, Boeing over order for 400 jets

DUBAI: Dubai Aerospace Enterprise (DAE), one of the world’s largest aircraft lessors, is in talks to purchase 400 single aisle jets from Airbus and Boeing, its chief executive said on Thursday.
DAE, controlled by the government of Dubai, is interested in buying Airbus A320neo family and Boeing 737 MAX jets, CEO Firoz Tarapore said in an interview.
Boeing declined to comment. Airbus did not immediately respond to a request for comment.


Ghosn received $9m improperly from Mitsubishi-Nissan JV

Updated 1 min 25 sec ago
0

Ghosn received $9m improperly from Mitsubishi-Nissan JV

  • Ghosn was arrested and detained in Tokyo since Nov. 19
  • He was charged of under-reporting his salary for eight years through March 2018, and temporarily transferring personal investment losses to Nissan during the global financial crisis

TOKYO: Arrested auto executive Carlos Ghosn improperly received $9 million in compensation from a joint venture between Nissan Motor Co. and Mitsubishi Motors Corp, the companies said on Friday.
A joint investigation by the companies has found that Ghosn, ousted as chairman from both automakers, received the compensation without discussing it with the two other board members of the joint venture, Nissan CEO Hiroto Saikawa and Mitsubishi Motors CEO Osamu Masuko.
Nissan holds a controlling stake in Mitsubishi Motors.
Ghosn, arrested and detained in Tokyo since Nov. 19, has been indicted in Japan on charges of under-reporting his salary for eight years through March 2018, and temporarily transferring personal investment losses to Nissan during the global financial crisis.