Emirates has no plans to form a super-sized airline with Etihad Airways, according to the Dubai carrier’s president.
German business publication Handelsblatt, quoting “several sources”, said the airlines’ owners have discussed the possibility of consolidating their operations, amid challenging conditions in the aviation sector.
Emirates, the world’s largest international carrier, reported a 75 percent fall in first-half profit in November, buffeted by tough competition, currency moves and damper demand.
Tim Clark, responding to the report, dismissed the report as “nonsense”. More info