EK to buy the unmentionable?
Thread Starter
Join Date: Jun 2017
Location: London
Posts: 66
Likes: 0
Received 0 Likes
on
0 Posts
EK to buy the unmentionable?
It’s biggest ongoing issue which will be the death at it as some point is it’s order book of over 150 aircraft, that it does not want, can not afford, and cannot cancel.
I really don’t see another option. They don’t want to grow any bigger from where they sit currently, but they have this gigantic lease bill about to crush them.
Better get moving, the unwanted dash 10 is on the production line already.
I really don’t see another option. They don’t want to grow any bigger from where they sit currently, but they have this gigantic lease bill about to crush them.
Better get moving, the unwanted dash 10 is on the production line already.
Join Date: Apr 2016
Location: earth
Posts: 39
Likes: 0
Received 0 Likes
on
0 Posts
I can't imagine the guys next door closing down the base and moving all operations to Dubai.. There are too many egos involved! As the article says the base would have to be in a single location in order to take advantage of the hub model. This would be a huge mess. On the other hand, a bankruptcy would be an even bigger mess, so a merger would at least allow some people to save face.
Join Date: Apr 2016
Location: earth
Posts: 39
Likes: 0
Received 0 Likes
on
0 Posts
Join Date: Feb 2018
Location: Canberra
Posts: 1
Likes: 0
Received 0 Likes
on
0 Posts
Join Date: May 2016
Location: Mediterranean
Posts: 145
Likes: 0
Received 0 Likes
on
0 Posts
Join Date: Sep 2011
Location: earth
Posts: 1,098
Likes: 0
Received 0 Likes
on
0 Posts
That would be a merger and airline mergers are messy! Ask any senior Canadian, Australian or Swiss and they will tell you stories.
But it would be good news for the competition, as the rivalry between the locals with their hyperbolically inflated egos will make them eat each other alive.
To mitigate the bloodshed they will have to install double post-holders for every administrative position above loo-cleaner. One for ex-EY, one for ex-EK and logically enough five secretaries each.
But the most critical question will be which Costa will be the future center of hide and seek.
It will be the best new sitcom for the next few seasons.
But it would be good news for the competition, as the rivalry between the locals with their hyperbolically inflated egos will make them eat each other alive.
To mitigate the bloodshed they will have to install double post-holders for every administrative position above loo-cleaner. One for ex-EY, one for ex-EK and logically enough five secretaries each.
But the most critical question will be which Costa will be the future center of hide and seek.
It will be the best new sitcom for the next few seasons.
Join Date: Sep 2009
Location: Sussex UK
Posts: 369
Likes: 0
Received 0 Likes
on
0 Posts
Do the GCC co-operate? Are the UAE ever united? And we know what happened to a jointly owned and funded Gulf Air...…
Can't see EK+EY actually happening in any form.
But after Abu Dhabi unexpectedly bailed out and renamed the Burj for Sheikh Mo, I could be surprised. Again.
Can't see EK+EY actually happening in any form.
But after Abu Dhabi unexpectedly bailed out and renamed the Burj for Sheikh Mo, I could be surprised. Again.
Join Date: Mar 2008
Location: Not at EK :)
Posts: 526
Likes: 0
Received 0 Likes
on
0 Posts
Abu Dhabi bailed out Sheikh Mo and took overall ownership of the profitable parts of ICD Investment Corporation of Dubai. That was the only way Dubai could offer collataral for the loans of $20 billion. Sheikh Mo was utterly humiliated at the forced re-naming of The Burj and left within moments after the opening. Also how could Dubai raise the money to buy EY? Massive regulatory hurdles abound. Not to mention egos higher than Burj Khalifa. I doubt thus will happen.....
Join Date: Sep 2008
Location: Been around the block
Posts: 629
Likes: 0
Received 0 Likes
on
0 Posts
Do the GCC co-operate? Are the UAE ever united? And we know what happened to a jointly owned and funded Gulf Air...…
Can't see EK+EY actually happening in any form.
But after Abu Dhabi unexpectedly bailed out and renamed the Burj for Sheikh Mo, I could be surprised. Again.
Can't see EK+EY actually happening in any form.
But after Abu Dhabi unexpectedly bailed out and renamed the Burj for Sheikh Mo, I could be surprised. Again.
Join Date: Oct 2012
Location: Space
Posts: 63
Likes: 0
Received 0 Likes
on
0 Posts
They could still use both airports, one for domestic, one for international and use the HYPERLOOP to transport pax between Dubai and Abu Dhabi. Travel time will be 12 mins i believe.