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The story revolves around the largest cocaine trafficker in Miami in the 1970s and 1980s. An insider revealed that DiCaprio is very excited about the part.
"(He) is excited about the opportunity to play the airplane pilot who travels with Mark's character to obtain kilos of cocaine from Pablo Escobar," the New York Post quoted the source, as saying.
The pair will be doing their third film together after 1995's The Basketball Diaries and most recently in 2006's The Departed.