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Old 31st Oct 2007, 03:56
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uplock
 
Join Date: Jan 2005
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Devil

Story has been gaining a lot more momentum worth reading is an article here How sustainable is Emirates Business Model?
Gulf news in part said yesterday
Silencing critics
The mood music then is harmonious. An Emirates IPO would also silence its critics who accuse it of benefiting from government support. "With respect to The Times report, I think it's fair to say that this move [if it were to happen] might be considered an attempt to finally rebut the frequent allegations of some of Emirates' main competitors that the airline's success is basically the result of unfair subsidies," said Dr Andreas Knorr, a Germany-based aviation expert.

It sounds like a win-win situation for the company, and for Dubai. Moreover, it's a story that's gathering momentum.
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