Emirates may need to raise cash if air travel does not pick up

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Reuters
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1619004076433595400
Wed, 2021-04-21 09:57

DUBAI: Emirates may need to raise more cash this year, possibly through another equity injection from the Dubai government, if demand for air travel does not pick up soon, its president said on Wednesday.
The state carrier had hoped the global vaccine rollout would renew confidence in air travel but demand remains at very low levels, leaving many airlines to ground planes or fly them near-empty.

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