Centaurus,
EJ means Easyjet, not Emirates.
Don't know what is happening in the middle east, but the flying circus there with airline managers and regulators being the same, not accounting for a lot of duty time etc., govermentally financed is sure not an industry model. Do not forget that they are mainly flying longhaul and in terms of movements are not really big players in the grand scheme of things.
They might very well be erased by a political black swan one day, but that is another story.