Dubai’s Crown Prince Sheikh Hamdan bin Mohammed has tweeted that the government is planning to inject equity into the carrier to see it through the current coronavirus pandemic.
Emirates and Etihad have now ground all of its aircraft after the UAE brought forward its flight ban by 24 hours.
The United Arab Emirates has announced it will suspend all passenger flights, including Dubai and Abu Dhabi airport transit, from 25 March.
New analysis shows more than a third of the world's airline activity has been drastically impacted by the COVID-19 pandemic. Since the start of the crisis, more than 37 million seats have been cut as travel restrictions prevent airlines from operating at full capacity.
Emirates Group has become the latest airline to ask staff to take unpaid leave to alleviate the pressure from coronavirus, an email leaked to Reuters reveals.
Emirates president Sir Tim Clark says he is convinced the future for airlines was in developing synthetic fuels, Denise McNabb writes from Dubai.
