Why Does the UAE have 2 Flag Carriers?

the UAE Rose in the past to a massive tourist hotspot here Millions flooding the United Arab Emirates especially in the winter most of them fly with Emirates in but besides Emirates there's another flag carry in the UAE etiat Airways but compared to Emirates they bring only a fraction of people to the country but why doesn't the country have only one flag carrier that has to do with the history of the United Arab Emirates the UAE consists today of seven Emirates a [Music] the UAE had a treaty with the UK the UK protected in general most of the states that heard today nearby the UAE and UAE obviously like Bahrain and Qatar for example before oil was found in 1960s the inhabitants lived from fishery and power diving mainly people were very poor with few opportunities in 1966 the British couldn't afford to defend the UAE anymore because they lost their oil Investments to U.S companies however the treaty was extended until 1971 then the British left despite efforts from the shakes to keep the protection by the Brits and the Brit said goodbye mate after the faith efforts they invited other goof States to join the Coalition Qatar and Bahrain at The crucial Coast took part but they had several disagreements they just agreed about the location of the capital the Constitution who gets which Ministries problem intensified when Bahrain wanted to have to lead in the union of the Emirates in the end Abu Dhabi took the lead through election and then they kicked Qatar out Bahrain also declared La Qatar later its independence they founded the union without them and moved on fast forward to 1985 the Emirates Airlines was founded M rates had a quick rise to the top and gulfer suffered from the success also was Emirates the only airline to operate throughout the Gulf War but why was etiad founded I mean Dubai is only one hour away from Abu Dhabi formerly Abu Dhabi had a steak and Gulf Air and golfer had also one of its bases in Abu Dhabi however probably the Sheikh of Abu Dhabi wanted his own Airline because the main base of golf air wasn't Bahrain police Abu Dhabi which almost no direct flights to the rest of the world compared to Bahrain Dubai and because Abu Dhabi is the capital the sword of an own Airline is not so far away and in 23 etiar was founded later in 25 Abu Dhabi solid stack and Gulf Air and the airline did not fly to Abu Dhabi anymore because of the competition with etiat but did you know that one of the biggest low cost carrier on the Arabian Peninsula comes also from the UAE no it's not fly Dubai it's Air Arabia from charger they Emirate next to Dubai they are completely private owned and there were the first Airline which had massive success in the local segment in Arabia but not far in the past in 2018 Bloomberg published a report stating Emirates was in talks about an acquisition or merger with etiats that's because multiple attack Investments for example Abilene and Alitalia failed and they made billions in losses in 2016 and 2017 before the operations should be controlled by Emirates but etiots should keep the maintenance according to Bloomberg but etiat went through a transformation and could achieve in the first half of 2022 296 million in profit so we see whether the transformation helps etiat in the long term to be profitable and recover from its bad investment decisions

Channel: Flyment

Views: 4,359

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Id: SNqrFc9-bGs

Length: 4min 14sec (254 seconds)

Published: Wed Aug 02 2023