Dubai Aerospace may buy Airbus plants

FRANKFURT: Dubai Aerospace Enterprise, a new group based in Dubai, is interested in buying some of the plants European aerospace group Airbus plans to divest, the group’s chief executive said on Friday.

In an interview, chief executive Bob Johnson said the Airbus plants were “interesting for us” and that the group wanted to “buy into and develop itself” in production.

Under a radical restructuring plan announced earlier this year, Airbus said it will sell outright or spin off six factories in France, Germany and Britain, with a seventh likely to be added to the list.