It should loosen the government link
I think the Emir will keep a 'very good trance' of QR, close to 51%!
So presumably, the 3 years of profit are 2008/2009; 2009/2010; and 2010/2011?
How to measure profit for a ME airlines?
Investors would be stupid to pay hard cash for shares in a loss making airline
Dependes on who are the investors:
- UAE Emir willing to control the ME Airlines business
- chinese investors seaking to recicle thier tons of money
- Oil Big Brothers and Sisters looking for the North Field-GTL-mambojumbo...
- US or EU willing to invest in a relatively stable Country, now that the far-east is looking for trouble with the Korean super-ego
- ... and who ever is crazy enough to invest his own and family lives in QR future plans.