Emirates denies Etihad merger reports
Dubai, October 27, 2009
Dubai-based Emirates Airline has denied reports of a possible merger with UAE national carrier Etihad Airways, dismissing it as the work of 'rumour mills'.
'There is nothing like that [alliance]. There is always a lot of rumour, people will try and put things together,' Emirates chairman Sheikh Ahmed was quoted as saying in the Arabian Business.
'People have the right to say what they think but the problem is sometimes they believe it themselves. They come up with something and they believe it that it is happening. There is no such plan,” he added.
The Dubai carrier has been the subject of year long speculation, fuelled by the global financial crisis, that an alliance with Etihad was being discussed, the report said.
Sheikh Ahmed also dismissed suggestions that the airline could seek a public listing (IPO) to raise funds.
More Travel, Tourism & Hospitality Stories
- Abu Dhabi runway closed for upgradation work
- Etihad to fly three times a day to Moscow
- Etihad Regional to lease 4 ATR aircraft
- Etihad soars high with record $6.1bn revenue
- Plaza opens lounges at Bengaluru
- Mövenpick opens organic hotel in Egypt
- Abu Dhabi to expand trade engagement programme
- WTO in deal to promote adventure travel
- Iata cuts global airline profit forecast to $18.7bn
- Gulf Hotels plans $132m waterfront property in Dubai
- Yas Island targets German tourist trade
- Sharq Doha unveils Al Dana Garden
- Beacon technology 'ideal' to aviation industry
- Emergency drill to take place at Amman airport
- JA Resorts to launch high-end resort In Maldives
- $5.3bn hotel projects coming up in Saudi
- Hilton appoints new GM for Alexandria hotel
- Air Arabia opens new sales office in Bahrain
- Lufthansa aims high with 'First Class' service
- Emirates launches new service to Boston
- Dubai Airports 'powers down' for green initiative
- City Seasons opens 5-star hotel in Abu Dhabi
- Etihad alert on fog
- Bahrain F1 visa procedures issued
- Oman Air appoints GSA for Turkey
- $40bn investment in Gulf airports likely
- Celebrity chef to open restaurant at InterContinental
- FRHI appoints wellness vice president
- Dubai, Abu Dhabi hotels top performance
- Malaysia Airlines jet presumed crashed, 239 onboard