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-   -   Is Emirates a financial scam? (https://www.flyertalk.com/forum/emirates-skywards/1627541-emirates-financial-scam.html)

eternaltransit Mar 16, 2015 4:43 am


Originally Posted by NOIR (Post 24513868)
This is more political favoring than anything else. I wonder what Violeta Bulc has to say about EK saving Airbus's A380 program from being a complete failure??? I also wouldn't be surprised if EK's Airbus order book surpases the whole GDP economy of Slovenia.

EK have an order book of 140 A380 - list price 428 million USD, take off EKs 30% discount and their order is 42 billion USD.

Slovenia GDP for in 2013 was 23.2 billion USD.

NOIR Mar 16, 2015 5:15 am


Originally Posted by eternaltransit (Post 24513948)
EK have an order book of 140 A380 - list price 428 million USD, take off EKs 30% discount and their order is 42 billion USD.

Slovenia GDP for in 2013 was 23.2 billion USD.

Now add on a potential 200 A380NEO's which could be potentially sold in November at the next DAS.

That number alone should make Violeta Bulc put things into perspective. Just imagine how many refridgerators Gorenje would need to sell to get to that figure?

Simple mathematics EK = EU high paying jobs, the same formula goes for the US as well.

Let's also not forget once EK recieve these airframes the bellies are always full of US, and EU products which means even more jobs.

iahphx Mar 16, 2015 6:04 am


Originally Posted by irishguy28 (Post 24513758)
:rolleyes:

Is this your real beef?

Clark's tough-guy strategy is only going to cement the belief that the Arab nations "aren't to be trusted." It's a PR disaster. It's just lucky for the UAE that he's not a local.

Like the vague comments in the Financial Times yesterday that he's thinking of maybe, perhaps, suing the US airlines for defamation. Nothing would make those airlines happier. There's this thing in American law called "discovery." The US airlines' defense would be "truth." I don't think Mr. Clark would enjoy turning over the documents the US airlines would ask for, and be entitled to.

NOIR Mar 16, 2015 6:18 am

Unfortunately this is turning into the Jerry Springer Show.

eternaltransit Mar 16, 2015 6:23 am


Originally Posted by NOIR (Post 24514230)
Unfortunately this is turning into the Jerry Springer Show.

US3 v ME3 PR battle or this thread? :D

Why unfortunately - like the Jerry Springer show, this thread also has entertainment value :D

edy4eva Mar 16, 2015 6:31 am


Originally Posted by iahphx (Post 24514196)
Clark's tough-guy strategy is only going to cement the belief that the Arab nations "aren't to be trusted." It's a PR disaster. It's just lucky for the UAE that he's not a local.

Like the vague comments in the Financial Times yesterday that he's thinking of maybe, perhaps, suing the US airlines for defamation. Nothing would make those airlines happier. There's this thing in American law called "discovery." The US airlines' defense would be "truth." I don't think Mr. Clark would enjoy turning over the documents the US airlines would ask for, and be entitled to.

...further confirming your charade of superior knowledge, on the border line of a racist troll. Whoever employs you for your so-called expertise is most likely either short changed or conned.

Beside the point, even if EK were to present documentation which is irrelevant btw, the brainless folks (that are abundant) will just brush it aside as fabricated.

iahphx Mar 16, 2015 7:35 am


Originally Posted by edy4eva (Post 24514268)
...further confirming your charade of superior knowledge, on the border line of a racist troll. Whoever employs you for your so-called expertise is most likely either short changed or conned.

Beside the point, even if EK were to present documentation which is irrelevant btw, the brainless folks (that are abundant) will just brush it aside as fabricated.

"Racist troll." Nice.

When the facts don't add up, use insults and bluster. No wonder you admire Tim Clark.

iahphx Mar 16, 2015 7:39 am


Originally Posted by dieuwer2 (Post 24514319)
Why is everyone still feeding the OP troll? Why is this thread not locked yet?

Maybe because my observations have now turned into a worldwide attack on the obviously unusual business strategy of this airline? It's certainly become THE aviation story of 2015.

It's a shame that some of Emirates supporters can't play nice, though.

eternaltransit Mar 16, 2015 7:52 am


Originally Posted by iahphx (Post 24514549)
Maybe because my observations have now turned into a worldwide attack on the obviously unusual business strategy of this airline? It's certainly become THE aviation story of 2015.

It's a shame that some of Emirates supporters can't play nice, though.

There are enough replies on this thread which are polite and raise questions which haven't been answered yet though...

We should all remain civil though, because it would be a shame for this thread to be locked before the juicy EK press conference coming soon! :D

Plus, trolling only succeeds when the opposition rage quit, but this is a relatively tranquil part of the internet so I don't foresee it happening soon; trolling is also defused quite easily by a rather matter-of-fact dose of reality...!

edy4eva Mar 16, 2015 7:56 am


Originally Posted by iahphx (Post 24514526)
When the facts don't add up, use insults and bluster. No wonder you admire Tim Clark.

Pardon me, you are yet to respond with facts. All your posts can be reduced to two words, baseless opinion. Even the airlines with dollars spent couldn't come up with anything better than a glorified and skewed paper.

I think you're confusing me with the CEO of Boeing, regarding Tim Clark.

http://www.bloomberg.com/news/videos...0-ba9a25bcbadb

Sorry, meant to be this article:
http://www.thenational.ae/business/a...th-to-strength


Speaking at an innovation summit in Abu Dhabi, James McNerney, the chairman and chief executive of Boeing, said: “The business model is obviously successful today. The Emirates has essentially become the Hong Kong of this century.

“I think that this model is sustainable for many, many decades.”

The growth of Emirates Airline, Etihad Airways and Qatar Airways is shifting the centre of air travel to the Middle East and away from the US and Europe. Thanks to their strategic location, cities like Abu Dhabi, Dubai and Doha are becoming hubs for world travel, as more passengers are switching planes there.

iahphx Mar 16, 2015 8:03 am

Taking a page from the Tim Clark handbook, the Qatar Airways CEO is now calling Delta's planes "crap" and says they're polluting the environment.

http://news.yahoo.com/qatar-airways-...131601698.html

I'm certain that nothing is more important to a Middle East nation than protecting the world environment from the scourge of fossil fuels.

This reminds me of when the USA airlines started taking all these innovative steps to save fuel because it became $3/gallon and then presenting it as their commitment to the environment. But this is 10x more ridiculous coming from the Middle East.

edy4eva Mar 16, 2015 8:07 am

And here's an interesting report from December when this theatre attack all began, not sure if it was referenced earlier.
http://centreforaviation.com/analysi...ng-them-192141

Specifically, and among the fact-laden report (no pun intended):


Mr Anderson in his Jun-2014 testimony to a US House Hearing on the Export-Import Bank, attributed Emirates' launch with 777-300ERs between Milan and New York as Emirates' ability to receive funding for its Boeing aircraft from the Ex-Im Bank.
Something that was mentioned earlier regarding funding for aircraft.

I think this is a worthy read and will find a lot of parallels with what many of us have picked on in this thread.

Xlr Mar 16, 2015 9:28 am


Originally Posted by iahphx (Post 24514196)
There's this thing in American law called "discovery."

Just pointing out that other common-law systems have a similar thing, as well. Englishmen like Clark would know it by the name 'disclosure'.

irishguy28 Mar 16, 2015 10:21 am


Originally Posted by edy4eva (Post 24514675)
And here's an interesting report from December when this theatre attack all began, not sure if it was referenced earlier.
http://centreforaviation.com/analysi...ng-them-192141

Great article.

"Delta's Mr Hauenstein acknowledged the geography Gulf carriers have is key to their being a hub to large and under-served parts of the world. Despite the size of these markets, Delta is largely ignoring them, preferring to reside inside the protected US domestic market, or in anti-trust immunised JVs or the less competitive environment of Latin American routes.

"They are halfway around the world from us and we don't really participate in a lot of the flows that they have the primary gateway for," says Mr Hauenstein. "Delta has never been a big player in that market."


"Gulf carriers are expanding slowly in the US, and Emirates – which derives 7% of its revenue from the US, a little less than it does from Australia – intends to make the US one of its three largest markets."

http://i61.tinypic.com/jqnog7.jpg

and

http://i57.tinypic.com/2gvoplk.jpg

NOIR Mar 16, 2015 1:30 pm

Boeing says UAE, Qatar are “key markets” as carriers head to US to address subsidy allegations.

Emirates’ and Etihad’s presidents are expected to address allegations in Washington DC on Tuesday.

http://gulfnews.com/business/aviatio...ions-1.1472662


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