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
Big jump in international passengers for Saudi Airlines
flydubai will fly to Tashkent from 11 March 2019
New Istanbul airport starts operations
Latest Travel News
Abu Dhabi and Wizz Air announce establis...
Emirates touches down in Mexico City...
Air Arabia named as Middle East and Afr...
Featured Sights To See
Tashkentland

Tashkentland

Tashkent, Uzbekistan

Tashkentland is an amusement park with rides and games. This is a good place to go to have some fun with friends and family. Location: Near Aqua Park, Tashkent TV Tower. ...

Group of Five Columns

Group of Five Columns

Beirut, Lebanon

The group of five columns located to the left of the St. George Maronite Cathedral, were once part of a grand colonnade of Roman Berytus. They were found in 1963. ...

Cong Vien Van Hoa Park

Cong Vien Van Hoa Park

Ho Chi Minh City, Vietnam

This club was once used by French colonists. It is shaded by trees and has a number of tennis courts, a swimming pool, a gymnasium and table tennis facilities. Early in the mornings, the art of thai cuc quyen [slow-motion shadow boxing] is practiced. Location: 115 Nguyen Du St, District 1                  ...

Museum of Modern and Contemporary Art (MAMCO)

Museum of Modern and Contemporary Art (MAMCO)

Geneva, Switzerland

The Museum of Modern and Contemporary Art is a brilliant museum on modern European art. Supported by a team of hardworking artists from the Centre of Contemporary Art, MAMCO has a constantly changing atmosphere all year round. Not only are the exhibits constantly updated, but also the interior construction of the museum is altered thrice annually.   Location: Rue Des Vieux Grenadiers 10