 Emirates
would be valued at $40bn if it went public, said founding CEO Maurice
Flanagan when addressing Dubai’s Capital Club recently.
According to the publication Arabian Business, Mr.
Flanagan told the group:
“I think Sheikh Mohammed doesn’t like the idea,”
he said.
“It would be good in some ways because if EK went public
they would have to publish more statistics, but actually Emirates is one
of the most transparent companies in the industry.
“But if it went public, it would be very, very clear
that Emirates is not subsidized and there are no advantages from the government.
“It's treated just like any other airline that is in
Dubai.
“That would become rather more clear,” he said.
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