An Emirates Takeover Of Etihad Makes Sense For Everyone

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The airline industry hopes Emirates take over Etihad’s airline assets—except Airbus and Boeing

 

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aparanjape But today the merger news was denied by Emirates and Etihad.

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Etihad restructures plane purchases amid fiscal turbulenceDUBAI, United Arab Emirates (AP) — Abu Dhabi-based Etihad Airways said Thursday it has restructured planned airplane purchases from both Airbus and Boeing as the government-owned carrier struggles through serious financial turbulence. Once making headlines in 2013 for fleet purchases valued at $67 billion, Etihad has seen its strategy of rapidly buying stakes in other airlines to expand its global footprint expose it to major losses. In its last two reported financial years alone, the airline hemorrhaged nearly $3.5 billion in losses. Full-year results for 2018 for the company are expected in the summer. I see Abu Dhabi also slashed new airport fit out costs. Sheikh blew all the cash on his palace. If they buy Airbus dont let them fly too america!
Source: AP - 🏆 728. / 51 Read more »

Emirates Denies Plan To Rescue Etihad Airways, But Speculation Is Unlikely To Go AwayThere are compelling reasons for Dubai-based Emirates to buy its struggling rival and near-neighbor Etihad Airways, but any merger involving the two UAE airlines would be politically fraught. This is Etihad fate when it Chinese-Copy Emirates Model OneMileataTime Which cryptocurrency should I invest in 2018? Only DeepOnion! $ONION deeponionx
Source: Forbes - 🏆 394. / 53 Read more »

An Emirates Takeover Of Etihad Makes Sense For EveryoneThe rest of the airline industry is likely hoping that this combination happens. Airbus and Boeing? Not so much. I´m sure that DeepOnion will be one of the top cryptocurrencies. Why? Because their features like DeepSend, DeepVault, Stealth Addresses, Smart Contracts and more. $ONION DeepOnion DeepOnionx I´m glad that I found the DeepOnion project. They have a serious dev team and a lot of good features. I recommend to take a look into this project. They have a great potential, 100% sure! DeepOnion $ONION deeponionx
Source: Forbes - 🏆 394. / 53 Read more »