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US$1.1bn in State Aid Handed to Emirates


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MIAMI – Following Emirates Airlines’ (EK) announcement of a US$5.5bn net loss, Dubai’s government has today stepped in with an additional US$1.1bn in state aid to keep the carrier afloat.  The loss, the airlines biggest in its operational history, has been triggered due to the unprecedented collapse in long-haul travel due to the coronavirus pandemic.  […]

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