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
Latest Travel News
Featured Sights To See
Charles Dickens House and Museum
London, United Kingdom
The only remaining London home of author Charles Dickens has been converted into the Charles Dickens Museum, a place all literature buffs must visit! Dickens wrote the classics Oliver Twist and Nicholas Nickleby in this very house; so who knows maybe your visit may inspire you to start writing a potential classic yourself. Manuscripts, rare editions, personal items and paintings that belonged to...
Larnaca Salt Lake
Larnaca, Cyprus
One of the most prominent natural wonders in the region, the Salt Lake district of Larnaca is made up of a network four salt lakes or different sizes, Aliki, Orphani, Soros and Spiro. The Larnaca Salt Lake forms the second largest salt lake in Cyprus, after the Limassol Salt Lake and covers an area of about 2.2 kilometer square. It is a popular tourist spot for birdwatchers and nature lovers, who ...
Praca Liberdade
Sao Paulo, Brazil
For those looking to get a taste of the hustle and bustle of Sao Paulo, the Praca Liberdade must not be missed. This is a fair held every weekend that has on display (and sale) Asian food and crafts. It is also home to religious festivities and represents the essence of Sao Paulo’s diversity. Address : Av. da Liberdade and Rua dos Estudantes, Liberdade ...
Covent Garden
London, United Kingdom
This small district, straddling the border of Westminster and Camden, was originally a large open field owned by Westminster Abbey. In the seventeenth century, the area began to be developed. The fashionable new neighborhood was centered on a fruit and vegetable market. In the eighteenth century, vagrants and prostitutes moved in, and the area became a notorious red-light distr...