Dubai Moves to Shield Prized Emirates Airline From Virus Fallout

  • Airlines around the world are seeking financial state aid
  • Dubai carrier is key to sheikhdom’s growth aspirations
WATCH: Dubai is quickly swooping in to protect its most important growth engine.(Source: Bloomberg)
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Over the course of more than three decades, Dubai has morphed from distant desert outpost into business metropolis, relying on state-owned airline Emirates to funnel many millions of travelers through the bustling hub each year. Now that the coronavirus has forced the carrier to suspend operations, the government is quickly swooping in to protect its most important growth engine.