Airline

Emirates Airline set to float an IPO

Dubai-based Emirates Airline is set to launch an initial public offering (IPO) once it receives approval from Dubai government, said the airline’s Chairman Shaikh Ahmed bin Saeed Al Maktoum on Sunday. "We will always be ready, whenever the government takes such a decision," he said. The chairman also said that it would take about a year to float the IPO once a decision is taken in this regard.
He also said that the global financial meltdown last year has not put the airline’s fleet expansion plans on hold. In fact, the airline plans to order more planes later this year. "I'm sure you'll be hearing more announcements during this year on maybe more aircraft to come to Emirates, or signing new aircraft to be bought by Emirates,” he added.
When asked about the losses occurred during the suspension of flights following the impact of the Icelandic ash cloud, he said: "I think as we see today, everything is back to normal, as we see the flow of the passengers.”
 

More Airline
New Istanbul airport starts operations
Turkish Airlines launches new cabin crew uniforms
Emirates voted ‘Best Business Airline’ and ‘Best Airline – Long-Haul Holiday’ by Conde Nast Traveller readers
Latest Travel News
UAE carriers join hands to celebrate the...
New Istanbul airport starts operations...
Discover the making of a Royal Bisht - g...
Featured Sights To See
Jamarat

Jamarat

Makkah, Saudi Arabia

These are the devils that were cast into stones. As part of Hajj, pilgrims have to throw seven stones on the 10th, 11th and the 12th of Zil Hajj. They are located around 1.2 km outside Mina. A new super structure consisting of three floors have been placed around the small, medium and large devils, or Jamarats.  ...

Wat Phnom

Wat Phnom

Phnom Penh, Cambodia

Wat Phnom is located on a hill in a small park! It is visited more f its religious and historic significance than for its architecture and building. The cleanliness situation isn’t very commendable and monkeys would be aiming for your drinks. So it is better to not place any of your belonging on the stands, walls, ledges, etc. Admission in the Wat requires you to pay $2 and one elephant ride requi...

Mariahilfer Strabe

Mariahilfer Strabe

Vienna, Austria

Vienna's largest shopping street, ranging from the most expensive luxuries to items of daily use....

Jaisi Deval Temple

Jaisi Deval Temple

Kathmandu, Nepal

Tall and triple roofed, this temple sits at what once was the site of the ancient city during the Licchavi period (during the 4th and 8th centuries). This temple is a Shiva one as specified by the bull on the steps and the mildly erotic carvings on the temple struts. To the west of the temple you’ll find the Ram Chandra Temple, named after Ram – an incarnation of Vishnu and the hero of the Hindu e...