Emirates to be bailed out by the Dubai Government

The Dubai Government is set to bail out Emirates Airline after its financial impact of the Covid19 pandemic.
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Dubai’s Crown Prince Sheikh Hamdan bin Mohammed has said that Dubai’s government is committed to supporting the Emirates airline.

 

In a number of tweets Sheikh Hamdan bin Mohammed said: “Today, we renew our commitment to support a success story that started in the mid-1980s to reach its goal of sitting on the throne of global aviation. The Government of Dubai is committed to fully supporting Emirates at this critical time & will inject equity into the company.”