WELLINGTON (Reuters) - State-backed Dubai Aerospace Enterprise Ltd. offered to pay up to NZ$2.6 billion ($2.08 billion) for a controlling stake in New Zealand's Auckland International Airport Ltd. , ...
An Emirates flight from Dubai to Auckland had to turn back halfway through its 8,824-mile journey. Passengers spent around 13 hours in the air, only to end up right where they'd started. The aircraft ...
It is paying top dollar at around 20 times earnings before interest tax and depreciation, which has made Australian airport owners even happier as it puts a new floor under the price of their assets.
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