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
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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.


Aramco CEO attends China development event

Aramco CEO Amin Nasser meets Chinese Premier Li Keqiang during the China Development Forum 2019. (Photo/Supplied)
Updated 31 min 29 sec ago
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Aramco CEO attends China development event

Aramco CEO Amin Nasser attended the China Development Forum, a three-day event that focused on key issues such as the supply-side structural reform, new measures of proactive fiscal policy, and the opening up of the financial sector and financial stability. 

The Aramco chief met the Chinese Premier Li Keqiang during the forum. Li expressed his appreciation for Saudi Aramco’s investment in an integrated downstream project in Panjin city in Liaoning, coming right after the visit of Crown Prince Mohammed bin Salman to China in February. 

The exchange also allowed Nasser to briefly outline Aramco’s plans in China including downstream investments in Zhejiang province.