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.”
The building of this museum was constructed in 1906 by Victor Stefanescu and has been declared an architectural monument because of its style and class. It was first built as part of the project of the Romanian Geology Institute and was later given an independent status. Today the collection in the museum is so varied that it houses about 80,000 samples of rock, minerals and fossils dating back to...
This mount is an important cite for Buddhists since the Golden Chedi that sits atop it houses a relic from the subcontinent gifted to King Rama IV by the British. The view is lovely and Bangkok's rooftops as well as the Rattanakosin Island are visible from it. Tourists visiting in the month of October/ November should not miss the festival that occurs here annually when the temple is wr...
A 14m statue of a lady with the palm frond, she symbolises freedom throughout Budapest. Erected in 1947 in tribute to the Soviet forces that died liberating the city at the end World War II, she can be found east of the citadella. Location: Szabadsag-szobor ...
Easily accessible by water taxi, this beautiful place is where you’ll find hundreds of houses seemingly floating on water. Kampong Ayer is sometimes referred to as the Venice of Southeast Asia. The water village people are very friendly and many open up their homes to visitors year-round. Water taxis can be found by walking along the Brunei River or the main market in Bandar Seri Begawan. You can ...