flydubai IPO at the discretion of Dubai Government

flydubai CEO, Ghaith Al Ghaith, stated a decision on the launch of an initial public offering (IPO) would be left to the Government of Dubai (Emirates Business 24/7, 31-May-2010).

flydubai: "It is not my decision, but that of the Government of Dubai and we will accept whatever they have planned for the organisation," Ghaith Al Ghaith, CEO. Source: Emirates Business 24/7, 31-May-2010.