A delegation enters an Airbus A380 passenger plane of Emirates Airline at t...
Emirates, one of the Arab world's largest airline, has dropped plans for a bond to finance expansion after the uprisings in North Africa made rates more expensive, its president said.
"We tested the water and it was pretty muddy," Tim Clark told Reuters in an interview on Wednesday at the ITB travel fair in Berlin. "So, we've parked it."
The group had mandated banks for a bond issue, IFR markets, a unit of Thomson Reuters, reported last month, and it was seen likely to attract strong demand.
No comments:
Post a Comment