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The Emirates Group holds a 68.7% stake in Dubai-based Maritime and Mercantile International, 34.4% equity stake in Oman United Agencies and a 54.7% equity stake in Emirates Flight Catering. Emirates Flight Catering is the sole provider of airline and airport catering services at Dubai International Airport.
Emirates was founded in March 1985 with backing from Dubai's ruler, Mohammed bin Rashid Al Maktoum. On 25 October 1985, Emirates operated its first flight from Dubai to Karachi and Mumbai, using the Airbus A300B4-200 and the Boeing 737-300, both wet-leased from Pakistan International Airlines.
Emirates: EK: UAE: EMIRATES: 1985 Dubai International Airport: Largest airline in the Middle East. Etihad Airways: EY: ETD: ETIHAD: 2003 Abu Dhabi International Airport: Second largest airline in the United Arab Emirates. Flydubai: FZ: FDB: SKY DUBAI: 2008 Dubai International Airport: Low-cost carrier of Dubai. Wizz Air Abu Dhabi: 5W: WAZ: WIZZ ...
Location of the United Arab Emirates. The United Arab Emirates is a country at the southeast end of the Arabian Peninsula on the Persian Gulf.. The economy is the second largest in the Arab world (after Saudi Arabia), with a gross domestic product (GDP) of US$570 billion (DH 2.1 trillion) in 2014.
This is a list of airline holding companies, that either own more than one airline or are the parent company of a single airline. A company or firm in which the holding company owns a significant portion of voting shares , usually 20–50% or a "minority of share ownership", is known as an associate company .
The latter post resulted from the acquisition of a 40% stake in SriLankan Airlines by Emirates in April 1998. [2] However, that post was lost when the Sri Lankan government took control of the airline and Emirates never renewed their contract for management of the airline. [3] Clark became President of Emirates in 2003.
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Emirates Airline has diversified into related industries and sectors, including airport services, event organization, engineering, catering, and tour operator operations. Emirates has four subsidiaries, and its parent company has more than 50. [1] [2]
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