Afraid of real world

[fractional]

Emirates executives believe IPO could harm the airline

This is in the Gulf News.
Are they hinting at a possible threat from the south? EY's money power?
http://www.gulfnews.com/business/Aviation/10184942.html

[sec 3]

Emirates has nothing to worry about. EY is run by a bunch of incompetent idiots.

[Wizofoz]

Yes, but it's owned by a bunch of RICH idiots!!

If the Abu Dahbi government decided it wanted to take over a floated EK what's to stop them?

[kingpost]

The only reason they feel an IPO would harm the airline is because shareholders can demand why there is a lack of social responsibility to their staff and question them about certain actions.

It's a weird outlook from the pundits who invite competition, now try competing without bullying!!!

[Schnowzer]

If the Abu Dahbi government decided it wanted to take over a floated EK what's to stop them?

The fact that they have only talked about offering 30%? They want the cash not the crud that goes with it.

[vbrules]

"We're frightened about anything that might interfere with the smooth way we are able to do business," Flanagan, the carrier's vice-chairman, said

like those pesky employees and any semblance of representation or accountability?

[fractional]

The fact that they have only talked about offering 30%? They want the cash not the crud that goes with it

This may well be a signal that not all is well in their effort to fight off growing Abu Dhabi influence. EK and EY are competing for the same markets.
Why such a new and big airport so close to an expanding AUH. Interesting to note that the new World airport will be called Al Maktoum International Airport.
EY has been copying EK in almost everything. They should also copy EK's solutions for staff housing in order to minimise personal losses. They have had the time to do it.
As Wizofoz well says

Yes, but it's owned by a bunch of RICH idiots!!

[baob2oba]

Also, the fact might be that, with at least 25% of shares, a strong & solid investor could benefit the minority blockage at the executive council and influence its decisions, for example asking for stronger (better...) performances of the group, (eventhough the return on investment for the shareholder already reached 25% for 2006/7...), threatening to massively sell his shares and let the group enjoy a rapid sink of the share value.