Dubai Bankrupt?!?!
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If things are so dire in DXB then why has one of EK whiz kid advisors has not told them to halt the flydubai low cost airline?
The set up costs must be massive and is it really needed at the moment?
If EY does take a large stake in EK I cant imagine they want it.
The set up costs must be massive and is it really needed at the moment?
If EY does take a large stake in EK I cant imagine they want it.
Yeah, he was in the Happy Times yesterday. Unfortunately lending condolences to the son of Mattar Al Tayer, a 19 year old, who got frazzled in a high speed crash on SZR, last Thursday in the rain.
EGGW
EGGW
short flights long nights
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Let's look at the future alignment of the UAE (pax) Airlines if the woes continue in Dubai and spread to Abu Dhabi. This is just a thought, not even a rumour.
- the unity government will go for an Emirati-Etihad, the International Carrier of the UAE where the top notch EK/EY will form the top management of the carrier;
- Continue with the project FlyDubai, as of the UAE National Carriers of the UAE by copying Air Arabia's project to fly the low incomers in and out of the Emirate. Given the crisis and the AUH muscling, some top EK execs will move to the LLC;
- Keep Air Arabia flying as Sharjah will continue to do so anyway. AA will cover the Northern Emirates since the name doesn't ad just the Emirate itself;
- Create a LCC carrier for Abu Dhabi to complement the LCC services of the other 2 major Emirates and transfer some of the other EK top execs to the new LLC in AUH;
Abu Dhabi may choose their own name brand for their own LCC, to give identity to Abu Dhabi after giving away the Etihad brand to a united International Airline of the UAE
. And we will all live happier thereafter 
.
We better take it easy
here, before going 
. Tough times ahead despite rents going down.
- the unity government will go for an Emirati-Etihad, the International Carrier of the UAE where the top notch EK/EY will form the top management of the carrier;
- Continue with the project FlyDubai, as of the UAE National Carriers of the UAE by copying Air Arabia's project to fly the low incomers in and out of the Emirate. Given the crisis and the AUH muscling, some top EK execs will move to the LLC;
- Keep Air Arabia flying as Sharjah will continue to do so anyway. AA will cover the Northern Emirates since the name doesn't ad just the Emirate itself;
- Create a LCC carrier for Abu Dhabi to complement the LCC services of the other 2 major Emirates and transfer some of the other EK top execs to the new LLC in AUH;
Abu Dhabi may choose their own name brand for their own LCC, to give identity to Abu Dhabi after giving away the Etihad brand to a united International Airline of the UAE
. And we will all live happier thereafter .We better take it easy
here, before going . Tough times ahead despite rents going down.
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Before anything happens to Etihad and Emirates, the first victim to this recession will be Fly Dubai I think.
Possible scenarios are a launch delay or an outright cancellation of the project.( considering the delays Boeing is having).
Usualy low cost airlines prosper in tough times, but Fly Dubai's low cost model is not based on the same customer group as the European Low cost carriers.
Possible scenarios are a launch delay or an outright cancellation of the project.( considering the delays Boeing is having).
Usualy low cost airlines prosper in tough times, but Fly Dubai's low cost model is not based on the same customer group as the European Low cost carriers.
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Abu Dhabi did bail out Dubai in the Past
How many of you know the pride of Dubai "Burj Al Arab" is owned by ADIA?
During the last years of Sh. Zayed Al Nahyan, he bailed out Dubai rulers from embrassment and bought it through ADIA.
During the last years of Sh. Zayed Al Nahyan, he bailed out Dubai rulers from embrassment and bought it through ADIA.
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Sustainable Growth and Stability
Mohamed Al Abbar, the synonym of Dubai’s meteoritic rise during the past decade was sidelined by Rulers of Dubai for the past couple of year for unknown reasons and at last they were forced to have him brought to the forefront to defend Dubai’s financial position because he is the only Dubai official with some credibility. Dubai’s development was not backed by fundamentals but by greed. With the model implemented in Dubai the indirect taxing has sky-rocketed and I believe they have a special department for this purpose.
Residents of UAE were all affected with the Model pursued at Dubai which forced other Emirates follow suit. It created chaos and pains in housing, traffic, education, medical, and all other essential goods and service sectors. Rulers of Dubai should return to the basics and follow the foot-steps of Sh. Zayed and Sh. Rashed to achieve sustainable growth and stability, if not, whenever and wherever the development lost its human touch it sucks and indeed it is what is happening in Dubai at the moment.
Residents of UAE were all affected with the Model pursued at Dubai which forced other Emirates follow suit. It created chaos and pains in housing, traffic, education, medical, and all other essential goods and service sectors. Rulers of Dubai should return to the basics and follow the foot-steps of Sh. Zayed and Sh. Rashed to achieve sustainable growth and stability, if not, whenever and wherever the development lost its human touch it sucks and indeed it is what is happening in Dubai at the moment.
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The name is already there, and waiting!
; thus, the name I put forward where Emirati or Emarati doesn't differ too much from Emirates and Etihad or Itihad in itself is already an arabic name.
No merger with Etihad, Emirates says
Regardless, I wish they clear up the waters the sooner, so I know what to do next
.
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Will 'Emerati' have that beautiful bird on the tail?...
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And an Audi to pick up the boys in Abu Dhabi will be fine too!!!
On second thoughts, it will be the other way round with EY buying into EK, no Audi's, no ERP, no.........!
On second thoughts, it will be the other way round with EY buying into EK, no Audi's, no ERP, no.........!
Last edited by Jetjock330; 2nd Dec 2008 at 09:17.
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Well, the Dish-Dashs might be well advised to dump their infantile tribal drivel into the desert pooh-pond. As BA and QF apparently talk to merge, the ME airlines might be encircled and suffocated by a truly global airline.
Taken by their own game if they don't stay alert.......
Taken by their own game if they don't stay alert.......
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SNAM
Unfortunately I don't think you have a very good understanding of the UAE, being the National Day (or Day-z as it turns out) it may be worth doing some historical research.
That money the 'UAE' has, ain't for all of the UAE!
A historically tribal region and once the Trucial Coast (also referred to as the Trucial States of Oman), combined with the ruling family of Sharjah being of the same Royal family from Qatar things get very complicated.
This account from the US library of congress will also enlighten as to the complications of the UAE (variations of spelling occur with respect to the Emirate names):
And to complicate things a little further with adjacent Arab States including Saudi and Oman;
Here starteth the lesson....
That money the 'UAE' has, ain't for all of the UAE!
A historically tribal region and once the Trucial Coast (also referred to as the Trucial States of Oman), combined with the ruling family of Sharjah being of the same Royal family from Qatar things get very complicated.
This account from the US library of congress will also enlighten as to the complications of the UAE (variations of spelling occur with respect to the Emirate names):
Oil is the major source of income for the federation, but it is found in a significant amount only in Abu Dhabi and to a lesser extent in Dubayy, Ras al Khaymah, and Sharjah. In principle, each emirate is required to contribute to the federation's budget (according to the provisional constitution, each state's natural resources and wealth are its own), but in practice only Abu Dhabi and, to a lesser degree, Dubayy have financed the federation. The resulting disagreement over budget contributions as well as over the integration of defense measures and forces led to the recurring renewal at five- year intervals of the 1971 provisional constitution, rather than the intended adoption of a permanent constitution.
In 1955, the United Kingdom sided with Abu Dhabi in the latter's dispute with Saudi Arabia over the Buraimi Oasis and other territory to the south. A 1974 agreement between Abu Dhabi and Saudi Arabia would have settled the Abu Dhabi-Saudi border dispute; however, the agreement has yet to be ratified by the U.A.E. Government. The border with Oman also remains officially unsettled, but the two governments agreed to delineate the border in May 1999. Since that time, the U.A.E. has constructed a border fence along the entire length with both Oman and Saudi Arabia. The new fence and checkpoints will likely be finished by 2008-2009.
Last edited by Fox3snapshot; 3rd Dec 2008 at 07:06.
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Hey there SNAM love your work on the spelling of the places, depending on which map you pick up its a lottery as to which way they will spell them!
It is difficult to say where the whole thing is at because of the lack of transparency within the government and private sectors here and the real story is difficult to weed out of all the propaganda that is distributed. It goes without saying that the Abu Dhabi government is in a far better position and will hopefully use that position wisely, but as for Dubai...well who knows, but I don't think it is the rosiest picture
Verci
I'm waiting for a knock on the door from that government mob with the three letter acronym and as they live just over the road they won't have far to come get me!!
Think I will make like an Ostrich and bury my head on the sand and pretend nothing's going on!
love your work on the spelling of the places, depending on which map you pick up its a lottery as to which way they will spell them! It is difficult to say where the whole thing is at because of the lack of transparency within the government and private sectors here and the real story is difficult to weed out of all the propaganda that is distributed. It goes without saying that the Abu Dhabi government is in a far better position and will hopefully use that position wisely, but as for Dubai...well who knows, but I don't think it is the rosiest picture
Verci
I'm waiting for a knock on the door from that government mob with the three letter acronym and as they live just over the road they won't have far to come get me!!
Think I will make like an Ostrich and bury my head on the sand and pretend nothing's going on!