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

Monday, 9 November 2015 13:01

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.

Listen

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.

Listen

More from Business

UAE-BRICS non-oil trade tops $312 billion

UAE Minister of Foreign Trade Dr Thani bin Ahmed Al Zeyoudi has taken part in a meeting of BRICS trade ministers in Jaipur, India, focused on strengthening trade and economic cooperation between member countries.
ADNOC affirms commitment to meeting customer requirements despite challenges

ADNOC says it remains focused on meeting customer needs despite challenging circumstances, following unprovoked attacks targeting its people and assets.
Meta ordered to pay $567 million in New Mexico for teen mental health fund

A New Mexico state court ordered Meta on Thursday to pay $567 million into a teen mental health fund and change how its platforms function for young users after finding the company is to blame for harming children's wellbeing.
UAE sets minimum excise price for e-cigarette liquids

The UAE Ministry of Finance has announced a new decision setting a minimum excise price for liquids used in electronic smoking devices and tools.