{"id":1403,"date":"2020-04-05T16:09:13","date_gmt":"2020-04-05T10:39:13","guid":{"rendered":"http:\/\/172.105.37.82\/?p=1403"},"modified":"2020-04-05T16:09:13","modified_gmt":"2020-04-05T10:39:13","slug":"emirates-receives-support-from-government-amid-corona-chaos","status":"publish","type":"post","link":"https:\/\/indiacityblog.com\/travel\/emirates-receives-support-from-government-amid-corona-chaos-1403\/","title":{"rendered":"Emirates receives support from government amid Corona chaos"},"content":{"rendered":"<p>The adverse effects of pandemic is clearly visible on aviation industry, as it has pummeled airlines. In this context, there comes a big news where Dubai\u2019s government says it will inject equity into Emirates airlines. As the Middle East\u2019s largest carrier has abeyant its flights at its hub due to coronavirus. Considering the strategic importance of Emirates airlines across globe, <em><strong>Crown Prince Sheikh Hamdan bib Mohammed bin Rashid AL Maktoum<\/strong><\/em> said that it\u2019s our key role to support our airlines in this pandemic as it is the major international aviation hub. The exact details of financial support is not out yet. Emirates airlines carried around <strong>60 million passengers<\/strong> last year, keeping Dubai\u2019s international airport as the world\u2019s busiest airport in the world.<\/p>\n<figure id=\"attachment_1406\" aria-describedby=\"caption-attachment-1406\" style=\"width: 728px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" class=\"size-full wp-image-1406\" src=\"http:\/\/172.105.37.82\/wp-content\/uploads\/2020\/04\/a380-airbus-aircraft-airplane-wallpaper-preview.jpg\" alt=\"\" width=\"728\" height=\"410\" srcset=\"https:\/\/indiacityblog.com\/wp-content\/uploads\/2020\/04\/a380-airbus-aircraft-airplane-wallpaper-preview.jpg 728w, https:\/\/indiacityblog.com\/wp-content\/uploads\/2020\/04\/a380-airbus-aircraft-airplane-wallpaper-preview-300x169.jpg 300w\" sizes=\"(max-width: 728px) 100vw, 728px\" \/><figcaption id=\"caption-attachment-1406\" class=\"wp-caption-text\">Picture Credits: wallpaperflare.com<\/figcaption><\/figure>\n<p>Due to coronavirus travel severance, aviation industry have pummeled worldwide, the carriers are all grounded temporarily laying off cabin crew, pilots and reducing salaries of staff. UAE, which is home to Dubai and Abu Dhabi has closed all its national and international borders to travelers. Only cargo flights, a small number of flights which are indulged in helping local citizens and medical emergency cases are flying through country\u2019s airport. With its effect flydubai became the latest airlines to announce its staff <strong>cut-off of nearly 4000 employees.<\/strong> Not only staff reduction they have also reduced the salaries of existing employees by 20-50% for a initial period of 3 months starting from end of April.The decision has not been taken lightly.The company\u2019s chairman said, but with a heavy heart that the aim of resuming its operations in best possible way and ensuring full satisfaction of their employees. Emirates and flydubai are owned by Dubai\u2019s sovereign-wealth fund and have same chairman, but operate independently.<\/p>\n<figure id=\"attachment_1407\" aria-describedby=\"caption-attachment-1407\" style=\"width: 1024px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" class=\"size-full wp-image-1407\" src=\"http:\/\/172.105.37.82\/wp-content\/uploads\/2020\/04\/39-399812_dubai-international-airport-wallpapers-dubai-airport.jpg\" alt=\"\" width=\"1024\" height=\"768\" srcset=\"https:\/\/indiacityblog.com\/wp-content\/uploads\/2020\/04\/39-399812_dubai-international-airport-wallpapers-dubai-airport.jpg 1024w, https:\/\/indiacityblog.com\/wp-content\/uploads\/2020\/04\/39-399812_dubai-international-airport-wallpapers-dubai-airport-300x225.jpg 300w, https:\/\/indiacityblog.com\/wp-content\/uploads\/2020\/04\/39-399812_dubai-international-airport-wallpapers-dubai-airport-768x576.jpg 768w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption id=\"caption-attachment-1407\" class=\"wp-caption-text\">Picture Crdits: Iitl.com<\/figcaption><\/figure>\n<p>Looking at bail-out of Emirates airlines, carriers and lobbyists in Europe are also urging for the same treatment. In one similar case, Norwegian Air was offered $270 million in credit guarantees by government of Norway. The White House and Senate Republicans are offering upto $50 billion in loans with less rate of interest but no grants are being offered.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The adverse effects of pandemic is clearly visible on aviation industry, as it has pummeled airlines. In this context, there<\/p>\n","protected":false},"author":9,"featured_media":1406,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[2],"tags":[2815,2813,2817,2812,2814,2818,2816],"yst_prominent_words":[2800,2804,2802,2799,2809,2548,2798,2801,2797,1949,2803,1081,2808,466,1822,2806,2437,2807,2805,2810],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/indiacityblog.com\/wp-json\/wp\/v2\/posts\/1403"}],"collection":[{"href":"https:\/\/indiacityblog.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/indiacityblog.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/indiacityblog.com\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/indiacityblog.com\/wp-json\/wp\/v2\/comments?post=1403"}],"version-history":[{"count":0,"href":"https:\/\/indiacityblog.com\/wp-json\/wp\/v2\/posts\/1403\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/indiacityblog.com\/wp-json\/wp\/v2\/media\/1406"}],"wp:attachment":[{"href":"https:\/\/indiacityblog.com\/wp-json\/wp\/v2\/media?parent=1403"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/indiacityblog.com\/wp-json\/wp\/v2\/categories?post=1403"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/indiacityblog.com\/wp-json\/wp\/v2\/tags?post=1403"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/indiacityblog.com\/wp-json\/wp\/v2\/yst_prominent_words?post=1403"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}