Originally Posted by
FD1971
Again, you do not have to convince me, I know how the NE3 work, I also know how LH or AB work. I am not really against it, I understand the agenda, I worked on various reports for more or less all parties in this industry, hell, I even used the
same arguments for and against the
same players in this industry.
As stated some days ago, there is a decent chance that after all those years EK might break even these days, certainly doing so by running the operation in Dubai-style. In Western Europe, we have progressed and are subject to significantly higher standards, when it comes to auditing and/or financial transparency, which is good in the interest of the shareholders.
Aside from the bare curiosity people running the NE3 might show when it comes to the real financial numbers, their intention as a shareholder is completely different, their 'dividend' is calculated on another piece of paper.
So who cares whether Germany, The Netherlands, Dubai or Qatar invested more to establish an airline over the last 60 years...it is a philosophical discussion.
Great! And I am not here to defend XX airline. The discussion I am into is fact-based. If someone throws in an allegation without giving proof, I can't help but question it.
If you ask me what's my biggest gripe, I'd say it's the consumer behaviour for aircraft purchases and the lack of development/manufacturing in the region. If I was to blow 50 bil on an aircraft order, I'd want it to be locally designed and assembled, and a large chunk of the supply chain established locally. But of course we're getting into another layer of reality, that of policy and even politics where the whole airline group is perhaps viewed as a vehicle to a goal, not the goal itself.