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Mohamed bin Rashid Al Maktoum, Sheikh

Mohamed bin Rashid Al Maktoum, Sheikh. GROUP RDM, Magazine

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n 1985 he entrusted the then president of DNATA,

Maurice Flanagan, with the launch of a new airline

that would be called Emirates. The airline's initial budget

was $ 10 million, and its maiden flight took place on October

25. Sheikh Mohamed appointed his uncle, Sheikh

Ahmed bin Saeed, as president of the new company. An

additional $ 75 million was invested in facilities and materials,

but Emirates has always maintained that it has not

received other supplementary aid that has contributed to

the meteoric growth of the company, one of the world's

leading airlines.

44

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