Emirates has suffered the first annual loss of more than three decades. The Dubai government has committed itself to supporting Emirates owned by UAE during the Corona virus crisis after the Holding Company accounted for Tracking her first annual loss for more than three decades.


According to Arab Net, the aviation group said in its annual report, the Dubai government has punished $ 3.1 billion in Emirates since the pandemic began. The company sent a capital pump of $ 2 billion last year.


Emirates suspended a loss of AED 20.28 billion ($ 5.52 billion) in a year, while the group recorded an annual losses of AED22.1 billion ($ 6 billion), is the first in 33 years.


The airline, which is one of the world's largest companies, has declined in revenues at 66.4 percent to 30.9 billion dirhams. The passenger movement fell 88.3 percent to 6.5 million only with a pandemic impact.


Sheikh Ahmed bin Saeed Al Maktoum said in a statement: No one knows when the world will overcome the pandemic, but we know that recovery will be irregular, according to Reuters.


In a previous meeting with Arabic in May on the sidelines of the Arab Travel Market in Dubai, Sheikh Ahmed bin Saeed Al Maktoum expressed optimism toward the performance of the UAE's travel sector, with higher vaccine travelers, as well as lifting travel restrictions in many countries .


He also noted that the aviation sector activity is currently only 35% than before the Corona pandemic.


On the other hand, Tim Clark, explained in an online interview with John Strickland's Aviation Counselor, John Strickland for the Arab Travel Market exhibition, was better than expected at first, and we were much better than we thought we would be At this time, according to Reuters.


He added: I do not say that good .. It's just better than we believe we will have when we put our perceptions in the spring last year.


Clark confirmed that he had no doubt about the return of international travel in large numbers.


Emirates, from the largest long flights in the world, has a fleet of about 140 Boeing 777-300, as well as 115 Airbus A380.