Dubai Jet Billionaire Says Oil Spikes Risk Bankrupting Airlines
For Dubai-based billionaire Gediminas Ziemelis the aviation industry is experiencing a sense of deja-vu amid the Middle East conflict: grounded planes, plummeting demand and no clear sense of when it...
By Alexander Sazonov, Leen Al-Rashdan · Bloomberg Markets
For Dubai-based billionaire Gediminas Ziemelis the aviation industry is experiencing a sense of deja-vu amid the Middle East conflict: grounded planes, plummeting demand and no clear sense of when it might all be over.