Dubai

Emirates Denies Plan To Rescue Etihad Airways, But Speculation Is Unlikely To Go Away

2 monthes ago   |   By Forbes

Dubai-based Emirates has moved to quell fresh speculation that it is in talks to buy its struggling rival and near-neighbor Etihad Airways.
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Emirates denies report that it is looking to take over Etihad to create global mega-airline

Emirates denies report that it is looking to take over Etihad to create global mega-airline

2 monthes ago   |   By Business Insider

AP Emirates Airline has denied a report that it is considering a takeover of fellow Persian Gulf carrier Etihad.
Bloomberg reported that the Dubai, United Arab Emirates-based airline could take over its financially challenged rival based in neighboring Abu Dhabi to create the world's largest airline in terms of passenger traffic.
"There is no truth to this rumor," an Emirates spokesperson told Business Insider. See the rest of the story at Business Insider NOW WATCH: Ray Dalio says the economy looks like 1937 and a downturn is coming in about two years See Also: BMW just unveiled a new...
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