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Emirates is the largest airline and one of two flag carriers of the United Arab Emirates (the other being nearby Etihad). Based in Dubai, the airline is a subsidiary of The Emirates Group, which is owned by the government of Dubai's Investment Corporation of Dubai. It is also the largest airline in the Middle East, operating over 3,600 flights per week from its hub at Terminal 3 of Dubai International Airport before the COVID-19 pandemic. It operates to more than 150 cities in 80 countries across 6 continents through its fleet of nearly 300 aircraft. Cargo activities are undertaken by Emirates SkyCargo. Emirates is the world's fourth largest airline by scheduled revenue passenger-kilometers flown, and the second-largest in terms of freight tonne kilometers flown. During the mid-1980s, Gulf Air began to cut back its services to Dubai. As a result, Emirates was conceived in March 1985 with backing from Dubai's royal family, with Pakistan International Airlines gifting two of the airline's first aircraft. With $10 million in start-up capital it was required to operate independently of government subsidy. Pakistan International Airlines provided free training facilities to Emirates' cabin crew at Karachi airport.