Question
Emirates, the national airline of the United Arab Emirates, has enjoyed steady growth since it was launched in 1985. Now, it is launching routes to
Emirates, the national airline of the United Arab Emirates, has enjoyed steady growth since it
was launched in 1985. Now, it is launching routes to North and South America. It has placed
ambitious orders for new aircrafts, including the A380. Since being founded by the government
of Dubai in the 1980s, Emirates' growth has come in parallel with the rise of the UAE as a key
trading center in the Middle East as well as the development of Dubai as a major tourist
destination. It has also exploited its geographical position along major east-west air routes, and
50% of the airline's passengers are in transit beyond Dubai. The attraction of Dubai as a
stop-over makes transit/transfer strategy viable. Today, the airline has established itself as a
well-managed and successful international airline.
For this company, pl answer the following questions :
1. Present a brief back ground of the business operations worldwide.
2. The exposures of the firm to different types of financial risks discussed in the class room
sessions.
3. Some of the measures you would suggest to the firm to manage the different types of
financial risks faced.
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