Dubai: Emirates IPO ‘will be a big success’ if airline goes public, CEO says

Dubai: Emirates IPO ‘will be a big success’ if airline goes public, CEO says

Published: Wed 8 May 2024, 11:18 PM Last updated: Wed 8 May 2024, 11:25 PM

At the Arabian Travel Market taking place in Dubai's World Trade Centre, the CEO of Emirates said that if the airline decides to go public, "it will be a big success".

Sheikh Ahmed bin Saeed Al Maktoum, President of the Dubai Civil Aviation Authority, CEO and founder of the Emirates Group, said on the sidelines of the event said that the listing of the airline is a decision of the government. "It's the decision of the government, when they tell me – we'll press the button and go public. If we go public, it will be a big success."

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Sheikh Ahmed also said that increasing traffic in the country along with the rising number of hotel occupancies are positive indicators of Dubai's performance. "We prove to the world that Dubai can always deliver," he said.

He added that, "In Dubai, we always aim and just continue to our direction to achieve our target.”

Earlier, the CEO of Etihad Airways, Antonoaldo Neves, said that airlines going public with an IPO listing is not “uncommon” amid speculations of its