Emirates Chairman and CEO Ahmed bin Saeed Al-Maktoum confirmed the airline's intention to float a 20%-30% stake in a wide-ranging interview with Emirates Business 24/7 in which he also said EK continues to target a $1 billion profit for the fiscal year ending March 31. "That is the government's call but it has to happen in the next couple of years. I am sure it will happen," Al-Maktoum told the paper regarding a potential IPO (ATWOnline, Nov. 6, 2007). "We are talking about selling 20%-30% ...

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