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Bloomberg reported on Thursday,Emirates is seriously considering acquiring Etihad Airways。If this acquisition comes true,The combined company 188bet online sports betting become the world’s largest airline by passenger traffic。
From a business perspective,This potential acquisition makes sense。Both airlines have hubs in the United Arab Emirates,Just over an hour’s drive apart。If two companies can operate together in the same airport,Overall efficiency 188bet online sports betting improved。
Despite some recent ups and downs,Emirates remains one of the most competitive airlines in the world,Not so with 188bet online sports betting。Former 188bet online sports betting CEO James Hogan tried to expand aggressively,But ultimately failed。Today,The company is struggling to maintain costs。
James Hogan once wanted to build 188bet online sports betting into a world-class airline,His strategy is to buy equity in some airlines,such as Alitalia and Air Berlin,These airlines are already in decline。Today,188bet online sports betting is cutting the number of routes,Abu Dhabi to Dallas、All Fort Worth routes canceled。In addition,The company is still implementing layoffs and restructuring。
According to Bloomberg,The two companies are in preliminary contact。Mentioned in the report,If the richest emirate in the UAE disagrees,Then this merger 188bet online sports betting not be realized。Bloomberg said,The information in the report comes from people familiar with the matter。
However,A spokesman for Emirates said in an email,"This rumor is baseless。”A spokesperson for 188bet online sports betting gave a similar response。
This merger news is actually not surprising。Recent months,Both airlines downplayed rumors of potential takeover。However,The leadership of both parties expressed their willingness to cooperate as much as possible。
January this year,Emirates says it 188bet online sports betting provide assistance to Etihad Airways’ internal security team。According to Reuters,Etihad Airways allowed its pilots to temporarily join Emirates in June,Emirates’ manpower was even tighter at that time。
September 6,Emirates CEO Tim Clark was asked at the Aviation Festival in London whether the two companies would indeed merge。He said,Both parties 188bet online sports betting committed to cooperation,Instead of merging。
He said,“We 188bet online sports betting cooperate in some areas,Comply with the provisions of the Anti-Unfair Competition Law。Our cooperation can bring twice the result with half the effort,There are many such opportunities。Compared to the past,Our cooperation has become closer。Retain each other’s identities as competitors,And cooperate in logistics support,It is an extremely reasonable approach。”
*Source of this article: Interface, original title: "Emirates is rumored to be interested in acquiring 188bet online sports betting,Both parties responded that they are committed to cooperation rather than merger》.
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