Emirates and Etihad airlines deny merger

Emirates and Etihad airlines deny merger

Emirates and Etihad - on Thursday, 20 September, denied a Bloomberg report that suggested that the two will merge to create the world's largest carrier.

Contacted by AFP, Emirates and Etihad denied the report, with spokespeople for both airlines saying there was no truth to the "rumour".

For Abu Dhabi, which sits on 6 percent of global oil reserves, it would advance a drive to overhaul state-controlled entities as it adapts to lower crude prices. The company announced losses of $1.87 billion a year ago, linked to its partial purchase of Alitalia.

Any deal would require the blessing of the rulers of the two UAE emirates.

That contributed to a $1.52 billion loss in 2017, taking the two-year deficit at the airline unit to nearly $3.5 billion.

132,000 pounds of beef recalled after deadly outbreak of E. coli
In the Chicago area, spokespeople for Mariano's and Jewel-Osco said none of the affected products were sold in their stores. The elderly, children under 5 and people with weakened immune systems are most at risk for this type of infection.

Dublin Int'l and Abu Dhabi Int'l airports are 116 kilometres apart. No bank has been mandated to arrange a deal, which would be very hard operationally, he added.

In contrast, loss-making Etihad built up a global network of partner airlines in which it invested; that strategy ran into trouble when two of the partners, Alitalia and Air Berlin, became insolvent. Now Etihad is shrinking operations in an effort to become a profitable mid-sized carrier. Emirates is far larger than Etihad. Emirates also owns the world's biggest fleet of Airbus A380 superjumbos, according to Bloomberg.

Bringing the airlines together would not be easy because of the duplication of routes from their Dubai and Abu Dhabi bases.

"Etihad Cargo continues to cement its position as a major player in the worldwide air cargo market, leveraging Abu Dhabi's strategic positioning at the centre of the world's busiest trade lanes to serve these key markets".

Related News:

  • How to watch Penn State vs

    How to watch Penn State vs

    McSorley ran 15 times for 92 yards, passed for 160 yards and three scores and led the eighth second-half comeback of his career. The Illini gave Penn State a scare after scoring in the third quarter to take the lead, but eventually faded down the stretch.
    CBN withdraws Skye Bank's license

    CBN withdraws Skye Bank's license

    He said: "By this decision, the licence of the defunct Skye Bank is hereby revoked". The Central Bank of Nigeria has withdrawn the operating licence of Skye Bank .

    Senator Gives Kavanaugh Accuser More Time to Decide About Testimony

    But Katz wrote that "Monday's date is not possible and the committee's insistence that it occur then is arbitrary in any event". She has said that Ford feels rushed and is busy meeting with Federal Bureau of Investigation agents over death threats.
  • Octopuses on MDMA act high just like HUMANS

    MDMA, has always been known as a party drug that inspires a sense of euphoria and empathy along with a desire to dance all night. In fact - our mood, social behavior, sleep, and sexual desire are all regulated by the neurotransmitter serotonin.
    Aurora Cannabis targeting October for US  stock listing

    Aurora Cannabis targeting October for US stock listing

    Shares of GW Pharmaceuticals were up 10% Thursday and are up almost 20% in the past week. In July, Tilray completed its initial public offering with shares at US$17.
    Zaha Opens Up About Rumours He Was Sleeping With David Moyes' Daughter

    Zaha Opens Up About Rumours He Was Sleeping With David Moyes' Daughter

    Yesterday Hodgson - whose team are at Newcastle today - said: "Wilf is a person who has a strong sense of justice". Zaha added: "I don't regret anything because it made me stronger".
  • Yale Law School Embroiled In Kavanaugh Allegations | Connecticut Public Radio

    Yale Law School Embroiled In Kavanaugh Allegations | Connecticut Public Radio

    Rubenfeld and Chua were not known to give similar advice to students seeking jobs with other judges, The Guardian reports . Chua has cancelled all of her Yale courses this year and is reportedly in the hospital with an undisclosed illness.
    Clippers are Jimmy Butler's preferred trade destination

    Clippers are Jimmy Butler's preferred trade destination

    Jimmy reportedly asked Timberwolves coach Tom Thibodeau for a trade on Wednesday. after just one season in Minnesota. The message has been the same each time - the Timberwolves intend to keep their star forward, according to ESPN .
    21st Century Fox and Comcast set to learn Sky takeover fate

    21st Century Fox and Comcast set to learn Sky takeover fate

    The 21st Century Fox logo is displayed on the side of a building in midtown Manhattan in NY , U.S., February 27, 2018. The process began when Mr Murdoch's News Corp company put forward a bid for full control of what was then BSkyB.
  • Australian football players dress in blackface to mock Serena and Venus Williams

    Australian football players dress in blackface to mock Serena and Venus Williams

    A third member of the team was also dressed in blackface, posing as Aliir Aliir , a Sydney Swans football player. Twitter users accused the men of "repulsive racism" and branded their actions "disgusting".
    Tanzania leader orders arrests as ferry death toll nears 170

    Tanzania leader orders arrests as ferry death toll nears 170

    Tanzania's president has ordered four days of national mourning for the victims and as well as the arrest of the boat's operators. It's unclear how many passengers were aboard the ferry. "Because of the congestion we have not been able to do full totaling".
    Shirtless dad, son arrested for gunning down neighbor in trash fight

    Shirtless dad, son arrested for gunning down neighbor in trash fight

    The dispute began between John Miller and Howard, at which point Michael Miller allegedly went inside to retrieve a shotgun. Footage has been released showing the moments a Texas father and son executing a man following an argument over trash.


Most liked

The TESS satellite is sent to Earth the first space
TESS will study 13 sectors in the southern sky the first year, followed by 13 sectors in the northern sky the second year. In the next two years, it will monitor 26 sectors of the sky like that for 27 days each, mapping about 85% of the sky.

Dream job alert: Make 1000 bucks a day to taste-test pizza
Ooni, the makers of home pizza ovens, is looking for a few good pizza lovers for what they're calling "The Best Job in the World". But the company says pay is commensurate with pizza experience, so casual cooks can expect the lowest daily rate of US$300.

Kanye West Issues A Warning To Drake Over Drama With Kim Kardashian
Now that I'm up out the sunken place I can think and I can just be 'Ye and express how I feel. I understand that you used to date my wife but you get an interview, don't mention my wife.

The aftermath of the Ottawa-Gatineau tornado
A freelance journalist says a group of people rescued a dog who was trapped under the rubble in an Ottawa neighbourhood ravaged by a tornado.

Elizabeth Smart's Kidnapper Wanda Barzee Goes Wild First Night Out, Cops Called
She pleaded guilty to helping her husband, street preacher Brian David Mitchell, who took Smart from her bedroom at knifepoint. Speaking Wednesday night at a previously scheduled event in Pennsylvania, Smart called the day "a roller coaster of emotion".

Baked before boiled, lobster farm using marijuana to ease trauma of cooking
Gill plans to use the new method at customers' requests, and then build a larger tank to sedate multiple lobsters at once. Robert Bayer , executive director of the Lobster Institute at the University of ME , told the Portland Press.

Woods, Rose tied for halfway lead at Tour Championship
This is the first time Woods will be competing in the Tour Championship for years after returning to top form this season. At the very next hole, Rose three-putted the green at the par-3 second to fall to 5-under for the tournament.

First look at Joaquin Phoenix as the Joker
The corners of Arthur's mouth suddenly turn up into a disturbing smile, and just as quickly, Phoenix is seen in full Joker makeup. Phoenix plays the infamous villain in the now untitled movie, which is slated to hit theaters on October 4, 2019.

India looks to counter U.S. curbs on Iran oil import
India has been working through diplomatic channels to look at the U.S.to grant exceptions from the upcoming sanctions. Reportedly, Iran is the third largest producer of among OPEC (Organization of the Petroleum Exporting Countries).

Watch Diego Schwartzman introduce John Isner to the Laver Cup stage
Federer and Djokovic took a while to settle into the format and won the opening set but their opponents soon found their rhythm. Schwartzman and Isner will be representing Team World in the second instalment of the Laver Cup from Chicago this weekend.

Huawei’s First Foldable Phone Will Also Come With 5G
As of this writing, there is no information on the other specifications of the company's first 5G ready foldable smartphone. It is speculated that Samsung's first foldable screen smartphone may get unveiled as early as November this year.

Ralph Breaks the Internet | Official Trailer 2
Disney has released the final trailer to the highly-anticipated trailer for Wreck-It Ralph , Ralph Breaks The Internet . Henson ), a smart, stylish algorithm that runs video sharing site Buzzz Tube.

Looks Like Twitch Is Now Blocked In China
Speaking to Abacus , a Twitch spokesperson confirmed that the streaming service is now blocked in China - but did not state why. However, that growth was killed yesterday when the site and mobile app were both banned by China's government yesterday.

Octopuses on ecstasy drug 'become more social'
Then, they were exposed to a liquefied version of MDMA, which they absorbed through their gills, and placed in the chambers again. She says octopuses have a very different, doughnut-shaped brain. "They were just taking these postures of super hypervigilance".

Provost issues statement on Wansink academic misconduct investigation
The articles in JAMA , JAMA Internal Medicine , and JAMA Pediatrics have therefore been retracted. At this time, it is appropriate to convey the results of Cornell's extensive review.