PPRuNe Forums - View Single Post - Dubai Bankrupt?!?!
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Old 17th Dec 2008, 14:42
  #110 (permalink)  
kingpost
 
Join Date: Apr 2006
Location: In the seat
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Mr Mach .5

You talk utter crap. Consortium's of banks are lending money - check out the Qatar recent purchase, and EK make a stack money profit than they do. The loans are dependent on their credit rating, and the aircraft are then leased.

The reason EK started was because Gulf Air pulled out of Dubai, do you really think they're going to expose themselves again - it boils down to tribal ownership - time to relax & don't worry about it.
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