PPRuNe Forums - View Single Post - Emirates to order another 40 A380s!
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Old 28th Mar 2005, 04:41
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EZGOEK330FO
 
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What people around the globe do not realize is that though the UAE is a very rich country, Emirates is not a gov airline and it does not receive money from the FED gov as it is not owned by the Abu Dhabi royal family. Dubai is at the mercy of Abu Dhabi and they do not have the unlimited resources our friends down the street have. Nor does Dubai have the oil people think it has. Dubai has very limited oil, and it is running out quickly, so they do rely on tourism and business. Oil rich Abu Dhabi has its own airline Etihad and does not want to help, nor assist Emirates. The Emirates management have to find a way to finance all these aircraft, and we are also wondering how they are going to do it? As far as selling them to other airlines possible, but I do not believe anyone in the region would buy them as a pride thing on both sides of the business transaction...
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