"We do have Dh2.4 billion in cash so we have a nice little war chest and our Chairman,
"They have to be ready to sell and they have said they're not ready," Chapman said, speaking to reporters at the Airpot Show.
A part or whole acquisition of LSG, a major in-flight catering company that consists of 156 companies with some 210 facilities in 54 countries, according to its website, would give dnata further foothold of global market share.
Chapman said that the change in management could open the doors for discussions of a possible acquisition.
"With the new change in leadership, maybe they will change their approach," he said.
Chapman further said he also wants dnata, which also operates 75 airports in more than 30 countries, to increase its regional focus.
Chapman, however, said there are a few opportunities due to the fragmented market and government ownership structures.
He added that talks are under way to acquire "something on the travel side that is relatively small" and that he is optimistic on the deal.
Last year, dnata made a number of acquisitions including the
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