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Emirates is a Dubai Govt-owned airline |
Emirates, the Dubai Government-owned airline denied any merger talks with Abu Dhabi Government-owned Etihad Airways, as part of a so-called bailout package by the Abu Dhabi government.
"There are no merger talks taking place between Emirates and Etihad. We have no knowledge of the federal government or Abu Dhabi, or another airline taking a stake in Emirates," an Emirates spokesperson said.
Emirates and Etihad are among the world's fastest growing airlines that are in massive expansion mode. Between them they have about 450 aircraft on order. Both are operating in a growth market where passenger traffic is expected to grow for at least a decade, if not more, according to the International Air Transport Association (IATA) projections.
