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.
A comprehensive study on overhauling the subsidy system is currently underway at Cabinet level in Bahrain, Information Affairs Minister and official government spokesman Isa Al Hammadi said yesterday (March 30).
Expatriates and pr
The secret behind Etihad Airways’ rapid growth is nothing more than incredible customer service, delivered on modern new aircraft at competitive prices, on routes people want to fly, declared the airline's CEO.
Gulf-based Qatar Airways, Etihad Airways and Emirates need to open their books since they say they have nothing to hide, said Jill Zuckman, the newly appointed chief spokesman of the Partnership for Open & Fair Skies.
Emirates, a Dubai-based airline, will respond shortly to the subsidy allegations made by US airlines after going through the report.
The report, compiled by US airline giants Delta Air Lines, American Airlines and United Airways, states
India may slash its food and fuel subsidy bill by about $8 billion in next week's budget, two sources said, but despite the impressive headline, the cut is not as radical as free market champions had hoped for in Prime Minister Narendra Modi
Emirates airline has rejected the apology issued by Delta Air Lines in response to comments made by its chief executive Richard Anderson linking Gulf carriers and the 9/11 attacks.
In a statement carried by Wam news agency, a spok
The row over airline subsidies and open skies escalated today with Emirates airline president and CEO Tim Clark criticising Delta Air Lines chief executive Richard Anderson recent comments saying the latter overstepped the line when he linked th
Saudi Arabia's central bank governor called for reforms to the country's lavish system of energy and water subsidies, which drain billions of dollars from the state budget and encourage waste by keeping down prices for consumers.