Local and regional airports in the US are calling on their government to open consultations with Qatar and the UAE to address the $42 billion in subsidies that they allege the Gulf nations have provided to their state-owned airlines.
Dubai-based Emirates has submitted a point-by-point, fact-based response to the US government refuting allegations made by its North American rivals of subsidy and unfair competition.
Earlier this year, the US legacy carriers - Delta, U
US and Middle East airline chiefs traded accusations on Monday over a campaign by major US carriers to restrict what they say is heavily subsidized competition from Gulf counterparts.
In the United States, airlines are trying to p
Qatar Airways chief executive Akbar Al Baker said on Monday he saw no reason for Middle Eastern governments to propose any changes to transportation policy in response to US airlines that allege unfair competition from Gulf carriers.
Bahrain’s government has been asked to justify its planned public spending in the budget for 2015 and 2016, as parliament and the Shura Council seek alternatives to subsidy cuts.
Both chambers of the National Assembly yester
Alternatives to subsidy cuts must be found as Bahrain seeks to rein in public spending, a joint meeting of MPs and Shura Council members announced yesterday (May 24).
Shura Council financial and economic affairs committee chairman
Proposals to slash government subsidies for foreigners and the private sector in Bahrain have prompted concerns among business leaders and the expatriate community, said a report.
Subsidy cuts would reportedly hit expatriates and
Qatar Airways group chief executive Akbar Al Baker has accused the Big Three US airlines (American, Delta and United) of making "a transparent attempt to block new competition and limit consumer choice."
Commenting on th
Subsidy cuts are set to hit wealthy expatriates and companies first under proposals being considered following the Bahrain Cabinet's approval of the new national budget yesterday (May 4).
This was revealed to the Gulf Dail
The Obama administration on Friday solicited comments from interested parties about US airline and unions' claims that Gulf carriers have received market-distorting subsidies, marking the latest step in its review of the matter.