Deals
Emirates Clark Says Any Etihad Merger Plan Is Up to Shareholders
- President Tim Clark rules out Etihad merger any time soon
- Media reports say U.A.E.’s ruling families discussed a merger
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Emirates Airline said any merger plan with Abu Dhabi’s Etihad Airways PJSC is for shareholders to decide and no such development is likely any time soon.
“That is in the hands of the shareholders,” Emirates President Tim Clark said in a Bloomberg Television interview Tuesday in Sydney. “On the short-term, medium-term horizon, I would say no.”