Emirates optimistic about ‘fair competition’ talks with EU transport commissioner


The Chairman and CEO of Emirates Group says he is “optimistic” about upcoming talks on “fair competition” with the EU transport commissioner, Violeta Bulc. The discussions will be held on Tuesday, as the European bloc addresses a commercial aviation agreement with GCC nations later this year. His Highness Sheikh Ahmed bin Saeed Al Maktoum has been speaking to ARN News at the ongoing Dubai Airshow.


Meanwhile, Emirates could issue up to $1 billion in bonds next year to finance over 30 new aircraft due for delivery in 2016. His Highness Sheikh Ahmed says the airline, which has $15 billion in reserves, will also tap some of its cash to help finance the purchase of aircraft.


More from Business News