Emirates, Dubai's flagship carrier and one of the world's biggest by passenger numbers, plans to issue bonds as part of a broader financing strategy for its aircraft orders worth billions of dollars.
"We have a fleet order to buy planes worth $62 billion, and for sure we will go to the markets to finance these orders, through various financial instruments," President Tim Clark said in an interview on Dubai television late on Sunday.
"Yes, we will issue more bonds in the coming period." Clark did not provide a specific time frame for bond sales
or the amount that the airline was looking to raise.
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