Teller Report

Dubai Airports: Partner Support and Phasing Refilling Plan

4/22/2020, 10:31:35 AM

Dubai Airports Corporation said it is working closely with its aviation and business partners and plans to gradually repopulate once travel restrictions related to the Covid-19 pandemic have been lifted. Within the business stability framework, aviation partners, tenants and franchises have been provided with details of the


Dubai Airports said that it works closely with its aviation and business partners and plans to gradually repackage once the travel restrictions related to the Covid-19 pandemic are lifted. Within the business stability framework, aviation partners, tenants and franchises have been provided with details of the assistance program approved by Dubai Airports.

The corporation added in a press statement that it had responded decisively to the Covid-19 crisis and is among the first airport operators to offer serious assistance to airlines and commercial partners. Explaining that the program, which applies to the affected period from March 1, 2020 to May 31, 2020, includes a waiver of 100% of the minimum guarantees or equivalent fees for the partners who were required to stop the activity or trading due to the suspension of airport operations as a result of the global epidemic.

For partners who have maintained partial operations, other measures are being taken to address reduced aviation activity, including rescheduling and other financial adjustments.

 Eugene Barry, Senior Vice President of Commercial Affairs at Dubai Airports Corporation, said: "Flexibility is more important now than ever."

He added: It is extremely important to protect and maintain our aviation and business relationships, which have been carefully built over several years, and to ensure that revenue supporters and our service providers are in a position to refill, in line with the approvals of the federal authorities. We have taken a number of unprecedented measures to mitigate the impact of Covid-19 on our private business, as well as its impact on our partners, by providing clear and targeted assistance to our business partners at these times, and we are confident that we will rebound again to continue providing the highest levels of warranty and service in Mashhad. New commercial, where Dubai International Airport and Al Maktoum International Airport play a leading role. Our future is shared and depends on our ability to maintain intrinsic relationships, but also to adapt to the unprecedented conditions and new behaviors. ”

On March 24, 2020, the UAE authorities suspended passenger flights at Dubai International Airport and Al Maktoum International Airport, with the exception of return flights. The suspension will remain in effect until further notice. Shipments are exempt from the ban and there has been a spurt in activity at Dubai International Airport where permission has been granted to 12 airlines, including Emirates Air Cargo and flydubai, to operate an average of 110 weekly flights in response to the growing demand for medicines, food and other basic commodities.