Dubai to inject equity into Emirates airline

Dubai to inject equity into Emirates airline

The Dubai government is fully committed to support Emirates airline in these tough times and will inject equity into the airline, said Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of The Executive Council of Dubai.. "The Government of Dubai is fully committed to supporting Emirates in the current critical period.. As a shareholder of Emirates, the Government of Dubai will inject equity into the company, considering its strategic importance to the Dubai and UAE economy and the airline's key role in positioning Dubai as a major international aviation hub," said Sheikh Hamdan.. Emirates and its subsidiaries are wholly owned by the Investment Corporation of Dubai, an investment arm of Government of Dubai..