Emirates executive says M&A isn't in DNA of long-haul carrier

Emirates is focused on organic growth and remains averse to expanding through acquisitions, an executive said, repeating a denial that the airline is in talks to take over the airline arm of unprofitable neighbour Etihad. “Sure we want to lift synergies and create more efficiencies, but that is not a merger,” Hubert Frach, Emirates’ head of commercial operations for the Americas and Europe, said Monday. “DNA-wise we come from a completely different angle. The key success formula for Emirates is organic growth." "It gives us the speed, independence and agility," Frach said. "It’s not so much partnership, it’s not so much forming alliances.” It was reported that Emirates was exploring a deal with Etihad to make it the world’s No. 1 by passenger traffic “There is no truth to it,” Frach said. “Zero truth.” <br/>