re: ***poised to rally***
MAP hasnt even started yet Michael,
What i see happening is Emirates turning itself into the busiest airline in the World with dominance in every market worldwide including European and Asian domestic lines within ten years.
Countries like Malaysia, Spain, Malta, Greece, Japan, Korea etc etc will just give in due to fuel restraints and let Emirates take over the operations of there carriers either thru Govt sell out or opening up the private equity laws.
The same should be seen with MAP being given green lights across the board to move in and set up branded management in airports all over the World.
MAP will be in alot of debt but have billions in leveraged assets within ten years and be yielding like a machine as everything will be tickety boo, Macquarie like it that way.
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