• Why one of the wealthiest airlines in the world refuses to invest its money in other airlines

    8 monthes ago - By Business Insider

    Emirates has refrained from making equity investments in other airlines in recent years.
    Emirates Airline president Sir Tim Clark explains that the time and money required to make the investment work isn't worth the returns.
    Clark also believes it may take focus and attention of the management team away from Emirates.
    With fuel prices down and demand for air travel up, major airlines have gone on a binge of equity investments.
    Delta holds significant stakes in Air France/KLM, Virgin Atlantic, China Eastern, AeroMexico, and Gol. American spent $200 million on a piece of China Southern while...
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