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Singapore Airlines is in negotiations for a major new jet order.

Singapore Airlines (SIA), according to two industry sources, is in discussions with Airbus and Boeing about buying at least '50' of the?largest jets of the industry. This will be part of a?next growth phase starting next decade.

They said the Southeast Asian carrier was looking for offers to purchase more 400-seat Boeing 777Xs, the largest model in the industry, or the slightly smaller Airbus A350-1000s. The talks are still in their early stages but may include options to purchase dozens of additional jets.

SIA stated that it reviews fleet'renewal plans regularly and refused to comment on any "confidential discussions" we might or might not be having. Airbus and Boeing declined comment.

SIA is one the world's largest buyers of long haul jets. It has a reputation of meticulously negotiating aircraft contracts that influence fleet decisions around the globe.

Last month, it said that it would expand its capacity despite the fact that some competitors were cutting flights due to rising oil prices.

The airline has been a long-time operator of the Boeing 777 Mini-Jumbo and was a very early customer of its successor, the 777X. However, the 777X has experienced significant delays.

Larger Variants

Sources?said that the?Singapore discussions could also help manufacturers like Airbus gauge demand for larger aircraft still in the planning stages.

Airbus announced last year that it was looking at a larger A350, "dubbed the A350 2000", to compete more directly with 777X. However, it played down reports about an imminent project.

It first floated the idea 10 years ago during an SIA 'contest, when Boeing was mulling over its own 777X extension.

Boeing has agreed to revisit "studies" for a bigger plane after Emirates ordered more 777X in November last year. However, it is cautious due to the limited demand for a jumbo-sized aircraft and its focus on industrial recover. Reporting by Tim Hepher & Julie Zhu. Barbara Lewis, Mark Potter and Barbara Lewis edited the report.

(source: Reuters)