Boeing, FedEx battle back vs U.S. airlines on Gulf competition | Reuters

Boeing, FedEx battle back vs U.S. airlines on Gulf competition | Reuters:



"A push by three U.S. airlines to curb competition from Gulf state carriers has triggered a sharp response from other powerful U.S. aviation companies including Boeing Co (BA.N) and FedEx Corp (FDX.N), potentially complicating the airlines’ campaign for Obama administration support.



Delta Air Lines Inc (DAL.N), United and American Airlines have asked the White House to look into the financial statements of competitors from Qatar and the United Arab Emirates, which they accuse of receiving more than $40 billion in government subsidies since 2004.



But calls for the United States to tamper with Open Skies agreements with the Gulf nations have angered other U.S. companies that benefit from the pacts. The agreements eliminate barriers that would block some FedEx operations and slow the expansion of carriers like Emirates that have showered Boeing with orders."



'via Blog this'