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Emirates airlines has no bonds plans – chairman
Dubai's Emirates airlines does not plan to raise funds-says chairman.
November 24, 2010 9:59 by Reuters
Dubai’s Emirates airlines does not plan to issue bonds or raise funds, its chairman Sheikh Ahmed bin Saeed al-Maktoum said on Tuesday.
“We don’t have any plans (to issue bonds or raise funds)” Sheikh Ahmed told reporters on the sidelines of a financial event.
Asked about the financial outlook of the company, Sheikh Ahmed said: “We have confidence about the next six months.”
(Reporting by Shaheen Pasha; Writing by Firouz Sedarat)