AFFECTED FLOWOutflow (subsidised)
ANNOUNCED AS TEMPORARYNo
On 22 June 2021, the UK Export Finance agency (UKEF) published the list of businesses supported by UKEF in the 2020-21 period.
According to the list, Emirates Airlines was provided financing in the form of an asset-based guarantee having a total value of GBP 142.7 million (USD 198 million). The financing was provided to support the Airbus S.A.S.’s export of aircraft to Dubai.
Given that UKEF does not provide the exact date that the trade finance deal was signed, the most conservative inception date, i.e. the 22 June 2021, was set as the inception date.
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