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Old 22nd Dec 2016, 13:10
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ExDubai
 
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Originally Posted by Cantbebothered
EK and EY will never merge. Too much ego involved.
Latest rumour I heard today was that +/-300 EK engineers are getting the boot (local and overseas). Its called 'restructuring'.
Next in line are the CCM's (also EK). A number was not defined for them but a few heads will be rolling.
Yepp agreed. Latest rumour in Germany is that AB's long haul business and AZ will go under the LH umbrella (debt free) and EY will get some shares in LH. Similar like the IAG Group and QR.
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