Gaat het grote zuigen langzaamaan beginnen?
http://www.aero.de/news-10495/Emirates-platziert-Milliardenauftrag-ueber-32-Airbus-A380.html
http://www.aero.de/news-10495/Emirates-platziert-Milliardenauftrag-ueber-32-Airbus-A380.html
Dubai is bankrupt - there is no way they can pay back what they owe.
If they are admitting 80 Billion Dollars in debt - then the reality is probably two or three times that amount. Typical mentality in that part of the world.
Even Abu Dhabi cannot continue to bail out the Clowns in Dubai indefinitely.
I have my doubts about the financial statements issued by Emirates.
There is no transparency in this region - foolish decision to lend these guys money.
My advice:- Stay clear of the ME unless you have no other option.