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[ Top Story ]September 1, 2020 7:00 am ET
Emirates To Receive $2 billion State Aid Package
In the midst of massive layoffs and reorganizations of aircraft orders, Emirates has secured a bailout that will give the company some momentary peace of mind. An aid package of 7.3 billion dirhams, or about $ 2 billion, was granted to Emirates by Dubai's government, which further reported in a document that it is ready to send more aid to the airline. "Any additional support will be subject to the requirements of the airline and will depend on the impact…