Skip to main content

Report: Emirates airline receives $2 billion from Dubai government

Emirates has struggled financially as it works to rebuild its flight network.
SYDNEY, AUSTRALIA - MARCH 25: An Emirates A380 prepares for take off at Sydney Airport on March 25, 2020 in Sydney, Australia. Prime Minister Scott Morrison has announced further restrictions on Australians as the government works to stop the spread of COVID-19, including a ban on all international travel from Wednesday. There will be exceptions for aid workers and for compassionate,  work-related and other essential travel. A new phase of shutdowns for Australian businesses will also come into place from m

The Dubai government has provided the Emirates airline $2 billion, Reuters reported on Monday, citing a bond filing. Emirates, which is owned by Dubai, is a major Gulf airline. It has struggled with revenue losses as a result of the downturn in global travel due to the COVID-19 pandemic.

Emirates returned to the skies in May after suspending all flights in March. By September, the airline will be offering regular flights to 79 destinations. Emirates has gradually rebuilt its flight network since resuming flights.

Access the Middle East news and analysis you can trust

Join our community of Middle East readers to experience all of Al-Monitor, including 24/7 news, analyses, memos, reports and newsletters.


Only $100 per year.