Wednesday 13 October 2010

AFP: Emirates denies receiving Dubai subsidies

Dubai's Emirates airlines, the Middle East's largest carrier, denied on Tuesday receiving government subsidies, hitting back at European claims that it was competing on the back of state aid.

"We have grown without subsidy through the success of our commercially driven business model and see no reason to apologise for what we have achieved," president Tim Clark said in a statement.

"When so many entities and economies around the world are being shored up by governments in order to survive, it is surprising to single out Emirates with unsubstantiated claims of being subsidised," he said.

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