Emirates open to picking up stake in airline in India
Emirates Airline said on Friday that it is willing to consider picking up a stake in an airline in India if the Government relaxes investment norms for foreign airlines.
`Open-minded'
"Emirates is open minded on acquisition opportunities," Mr Nabil Sultan,Emirates Airline Senior Vice-President for Commercial Operations, West Asia & Indian Ocean, told presspersons.
"As and when opportunities arises, we will take appropriate business decision," he said.
Emirates has a code share agreement with Jet Airways and has a joint venture with Sri Lankan.
I seriously hope this never happens, just as our IT & Auto companies have bloosmed into global entities the airlines should be supported by GOI to challenge these legacy carriers EK & SQ operating out of autocratic states. And as i have been always saying if it involves Naresh Goyal you are sure there is a rat.............
I'm personally in favour of someone like EK picking up a stake in India - they have so much clout in the industry, and such deep pockets!! Plus it will also help bring in a better management knowledge and maybe even be a help in the short term with pilots and stuff.
Emirates has a code share agreement with Jet Airways and has a joint venture with Sri Lankan.
- Which route(s) 9W code share with EK? Or is it interline deal ?
I seriously hope this never happens, just as our IT & Auto companies have bloosmed into global entities the airlines should be supported by GOI to challenge these legacy carriers EK & SQ operating out of autocratic states.
- I am 100% with you on this. I recently flew LHR-DXB on 773ER, newer aircraft and great service BUT most of the air hostesses were of Thai /Indonesian/ Malaysian nationality. I am sure that they provide cheap labour and share bunker beds in Dubai when off-duty. Forget pension plan and other benefits. UAE labour laws won't protect them for any rights they think they should have.
With deep pocket & such biased legal framework, EK should not be allowed to pick up stakes in Indian aviation market.
I'm personally in favour of someone like EK picking up a stake in India - they have so much clout in the industry, and such deep pockets!! Plus it will also help bring in a better management knowledge and maybe even be a help in the short term with pilots and stuff.
EK has survived and succeded soley and purely due to lack of competition, towards that end i will appreciate M.Flanagan for exploiting the oppurtunity. And now that competition is rising they want to buy it off. Regards EKs deep pockets i have my doubts, though unable to prove it, the banks from that city are notorious for being washing machines for laundered money. You can check the restrictions brought about by the US State dept foll 9/11, in case you are unaware the money was routed via DXB for the act. BCCI was another venture run by the drug lords of Pak using UAE banking and not to mention the $2b nuclear DIY of A.Q.Khan again money routed thru DXB. As long as that place is a listening post for the USA, against Iran, not much will be proved.
Regards Pilots and Engineers, EK is desperate for them and might drag away whats available in India.
If you search Indian Express there was an article written by a MEA retire, this was quite some time back (2yrs) and there he mentions how GOI had to offer traffic rights to UAE airlines in exchange of Bombay Blast fugitives.........it sucks mate.
Having said that, as long as we have corrupt politicians and beaurucrates in India DXB can carry on raping this country. Sheikh Ahmed the chairman of EK had a meeting with PP, Sharad Pawar and Murli Deora in Febuary'06, this was reported in the press but not the contents of the meeting
-- Edited by tayara mechanici at 22:34, 2006-09-10
Emirates has a code share agreement with Jet Airways and has a joint venture with Sri Lankan.
- Which route(s) 9W code share with EK? Or is it interline deal ?
I seriously hope this never happens, just as our IT & Auto companies have bloosmed into global entities the airlines should be supported by GOI to challenge these legacy carriers EK & SQ operating out of autocratic states.
- I am 100% with you on this. I recently flew LHR-DXB on 773ER, newer aircraft and great service BUT most of the air hostesses were of Thai /Indonesian/ Malaysian nationality. I am sure that they provide cheap labour and share bunker beds in Dubai when off-duty. Forget pension plan and other benefits. UAE labour laws won't protect them for any rights they think they should have.
With deep pocket & such biased legal framework, EK should not be allowed to pick up stakes in Indian aviation market.
EK pay their expatriate flight crew incredibly well and provide excellent benefits. Like SQ, they are on contract for a period of 5-10 years, which are usually not renewed. And, no, they don't all bunk together in one bunk. Flight attendants all over the world share apartments to keep the rent down, a practice that is seen in all other industries as well.
If im not wrong then this room sharing stuff is limited only to workers of lower class.
Air hostess, pilots and engg get good benefits FINANCIALLY only. Peoplt from IC and AI have left to join EK and other gulf carriers but all repent their decision.
But in my opinion EK should be given an entry to India but only after their Kingdom changes existing rules and makes better laws for not only airline employees but ALL employees in DXB
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Light travels faster than sound...thats why people appear bright, until you hear them talk!
If im not wrong then this room sharing stuff is limited only to workers of lower class.
Air hostess, pilots and engg get good benefits FINANCIALLY only. Peoplt from IC and AI have left to join EK and other gulf carriers but all repent their decision.
But in my opinion EK should be given an entry to India but only after their Kingdom changes existing rules and makes better laws for not only airline employees but ALL employees in DXB
If im not wrong then this room sharing stuff is limited only to workers of lower class.
Air hostess, pilots and engg get good benefits FINANCIALLY only. Peoplt from IC and AI have left to join EK and other gulf carriers but all repent their decision.
But in my opinion EK should be given an entry to India but only after their Kingdom changes existing rules and makes better laws for not only airline employees but ALL employees in DXB
What do you mean by this sir........
Open answer... Correct me if wrong
UAE has horrible laws for immigrants working there.
Just to relate u one of the engg who left IC to join EK a few years back today is repenting. EK doesn't allow any nonsense. Atleast in India even private airlines are considerate in giving leaves to a person who suffers a MILD HEARTATTACK while driving way back home.But next day he HAD to report on duty. He was on a wheel chair as he wasn't in a position to walk also.
Such horrible laws are enforced on immigrants. We only consider India. Also i do not know the condition of the people working in construction cos and not even in other dept of their airlines.
If the engineers suffer to this extent then what can u expect from those people on workers.
I feel India should place a condition to UAE that this things must be changed and that UAE govt must treat Indian immigrants as humans.
I hope that helped sirji any errors?
rgds
the_380
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Light travels faster than sound...thats why people appear bright, until you hear them talk!
I hope this never happens! Emirates don't care about India, other than to get the rights to lucrative routes in and out. You should remember that many of the new Indian startups if they struggle on for 5 years and get international route rights will be taken over one way or another then by large foreign carriers who want a slice of the big Indian pie. Airlines with internal rights only are of very limited interest to EK.
One of the great things about the recent boom in India is that it has given an opportunity to talented and experienced Indians in all aviation sectors to get a job at home and be with their families, instead of being treated and paid like dirt at times in the Gulf region where they have worked hard for many years. The treatment varies greatly with the level at which they do their job.
Even if EK offer far more money than they do now, at least Indians in aviation now have a choice to stay at home.
The utopian character of Dubai, it must be emphasized, is no mirage. Even more than Singapore or Texas, the city-state really is an apotheosis of neo-liberal values.
On the one hand, it provides investors with a comfortable, Western-style, property-rights regime, including freehold ownership, that is unique in the region. Included with the package is a broad tolerance of booze, recreational drugs, halter tops, and other foreign vices formally proscribed by Islamic law. (When expats extol Dubai's unique "openness," it is this freedom to carouse -- not to organize unions or publish critical opinions -- that they are usually praising.)
On the other hand, Dubai, together with its emirate neighbors, has achieved the state of the art in the disenfranchisement of labor. Trade unions, strikes, and agitators are illegal, and 99% of the private-sector workforce are easily deportable non-citizens. Indeed, the deep thinkers at the American Enterprise and Cato institutes must salivate when they contemplate the system of classes and entitlements in Dubai.
At the top of the social pyramid, of course, are the al-Maktoums and their cousins who own every lucrative grain of sand in the sheikhdom. Next, the native 15% percent of the population -- whose uniform of privilege is the traditional white dishdash -- constitutes a leisure class whose obedience to the dynasty is subsidized by income transfers, free education, and government jobs. A step below, are the pampered mercenaries: 150,000-or-so British ex-pats, along with other European, Lebanese, and Indian managers and professionals, who take full advantage of their air-conditioned affluence and two-months of overseas leave every summer.
However, South Asian contract laborers, legally bound to a single employer and subject to totalitarian social controls, make up the great mass of the population. Dubai lifestyles are attended by vast numbers of Filipina, Sri Lankan, and Indian maids, while the building boom is carried on the shoulders of an army of poorly paid Pakistanis and Indians working twelve-hour shifts, six and half days a week, in the blast-furnace desert heat.
Dubai, like its neighbors, flouts ILO labor regulations and refuses to adopt the international Migrant Workers Convention. Human Rights Watch in 2003 accused the Emirates of building prosperity on "forced labor." Indeed, as the British Independent recently emphasized in an exposé on Dubai, "The labour market closely resembles the old indentured labour system brought to Dubai by its former colonial master, the British."
"Like their impoverished forefathers," the paper continued, "today's Asian workers are forced to sign themselves into virtual slavery for years when they arrive in the United Arab Emirates. Their rights disappear at the airport where recruitment agents confiscate their passports and visas to control them"
In addition to being super-exploited, Dubai's helots are also expected to be generally invisible. The bleak work camps on the city's outskirts, where laborers are crowded six, eight, even twelve to a room, are not part of the official tourist image of a city of luxury without slums or poverty. In a recent visit, even the United Arab Emirate's Minister of Labor was reported to be profoundly shocked by the squalid, almost unbearable conditions in a remote work camp maintained by a large construction contractor. Yet when the laborers attempted to form a union to win back pay and improve living conditions, they were promptly arrested.
Paradise, however, has even darker corners than the indentured-labor camps. The Russian girls at the elegant hotel bar are but the glamorous facade of a sinister sex trade built on kidnapping, slavery, and sadistic violence. Dubai -- any of the hipper guidebooks will advise -- is the "Bangkok of the Middle East," populated with thousands of Russian, Armenian, Indian, and Iranian prostitutes controlled by various transnational gangs and mafias. (The city, conveniently, is also a world center for money laundering, with an estimated 10% of real estate changing hands in cash-only transactions.)
Sheikh Mo and his thoroughly modern regime, of course, disavow any connection to this burgeoning red-light industry, although insiders know that the whores are essential to keeping all those five-star hotels full of European and Arab businessmen. But the Sheikh himself has been personally linked to Dubai's most scandalous vice: child slavery.
Camel racing is a local passion in the Emirates, and in June 2004, Anti-Slavery International released photos of pre-school-age child jockeys in Dubai. HBO Real Sports simultaneously reported that the jockeys, "some as young as three -- are kidnapped or sold into slavery, starved, beaten and raped." Some of the tiny jockeys were shown at a Dubai camel track owned by the al-Maktoums.
The Lexington Herald-Leader -- a newspaper in Kentucky, where Sheikh Mo has two large thoroughbred farms -- confirmed parts of the HBO story in an interview with a local blacksmith who had worked for the crown prince in Dubai. He reported seeing "little bitty kids" as young as four astride racing camels. Camel trainers claim that the children's shrieks of terror spur the animals to a faster effort.
Sheikh Mo, who fancies himself a prophet of modernization, likes to impress visitors with clever proverbs and heavy aphorisms. A favorite: "Anyone who does not attempt to change the future will stay a captive of the past."
Yet the future that he is building in Dubai -- to the applause of billionaires and transnational corporations everywhere -- looks like nothing so much as a nightmare of the past: Walt Disney meets Albert Speer on the shores of Araby.
Mike Davis is the author of Dead Cities and the forthcoming Monster at the Door: the Global Threat of Avian Influenza (New Press 2005).
Copyright 2005 Mike Davis
This article was picked up from another forum, sorry unable to provide a link.