Emirates: President Tim Clark denies merger or acquisition of Etihad - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 51%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

Emirates president says the airline won't merge with Etihad, despite rumors spurred by the coronavirus crisis

"Etihad is a much leaner airline than it was three or four years ago, and it's far more fit for purpose than perhaps it was," he said. CEO Tony Douglas has downsized the airline to make it a better fit for the markets it serves, Clark said, without overextending itself.

"Etihad was improving its situation. It wasn't a very good situation but it was getting better. Emirates was on a roll up until January, we were going to finish one of our best financial years," he said. "So if you remove COVID, where were we? We were both getting on with our jobs." "I've seen the growth of mass movements in air over the last 45 years," he said. "And frankly it's unstoppable."

Sir Tim Clark, longtime president of Emirates. Clark, who has worked in the airline business since the early 1970s, helped found Emirates in 1985 as its head of planning.In any case, Clark said, the governments of Dubai and Abu Dhabi — which own the national airlines — would have final say.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 729. in FR
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

Both will collapse

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Inside the life of a pregnant mental health counselor during COVID-19 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. No one cares.
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »

Business Insider's best investing stories of the week ended July 21 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »

Facebook CEO Mark Zuckerberg says he speaks with President Trump 'from time to time' - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. of course he does -- takes his orders the owner of Global Data MZ is another trump stooge
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »

Disney reportedly slashes Facebook ad spend amid big-business boycott - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Not because they don’t like facebook, but because they’re cutting costs... Thank you Disney FB is crap you don't need and propaganda you don't want. Are they boycotting it just cutting budgets?
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »

6 ways to develop devoted customers and strengthen brand loyalty for your small business - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »

Prince Harry Denies ‘Offensive’ Claims He Stole From a Royal Charity to Support a Side Business.PrinceHarry denies 'offensive’ claims he stole from a royal charity to support a side business.
La source: StyleCaster - 🏆 104. / 63 Lire la suite »