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Friday, 3 February 2017

U.S. airline CEOs ask to meet with Tillerson on Gulf carriers | Reuters

U.S. airline CEOs ask to meet with Tillerson on Gulf carriers | Reuters:

"The CEOs of the three largest U.S. airlines have asked to meet with Secretary of State Rex Tillerson to discuss allegations that Gulf states are unfairly subsidizing state-owned carriers, driving down prices and crowding out competition on key routes, accusations those carriers deny.

The chief executives of American Airlines Group Inc (AAL.O), United Continental Holdings Inc (UAL.N) and Delta Air Lines Inc (DAL.N) asked for the meeting in a letter posted on the website of the U.S. airlines-backed Partnership for Open & Fair Skies.

"We are writing to bring to your attention an issue of utmost importance to the future of our industry: the massive subsidization of three state-owned Gulf carriers – Qatar Airways, Etihad Airways and Emirates – and the significant harm this subsidized competition is causing to U.S. airlines and U.S. jobs," the letter, sent on Wednesday, said.

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