Emirates Airlines has reaffirmed it has no plans to follow Abu Dhabi rival Etihad Airways and bid for a stake in an Indian carrier, the Dubai-based operator’s president said.
President Tim Clark said there were no plans to acquire equity stakes in indebted Jet Airways or Kingfisher Airlines because they lack the control of operations, finances and their workforces that Emirates sees as necessary, Bloomberg reported.
09/01/13 Shane McGinley/Arabain Supply Chain