Sunday 5 December 2010

gulfnews : Emirates counters subsidy allegations

Emirates airline has fired back at critics who claim its rise to become the world's largest carrier of international passengers is underpinned by unfair government subsidies for its fast-growing fleet of aircraft.

The Dubai-based carrier last week accused the Air Transport Association of America of making "misleading and false" statements about the benefits of export credit support, which is provided to support sales of aircraft from companies such as Airbus and Boeing.

"We believe airlines should have open access to financing," Tim Clark, Emirates president, said in a letter to James May, head of the ATA.

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