Delta Says Gulf Carriers Receiving Tens of Billions in Subsidies - Bloomberg Business

Delta Says Gulf Carriers Receiving Tens of Billions in Subsidies - Bloomberg Business:



"Delta Air Lines Inc. said carriers based in the Persian Gulf are receiving subsidies worth tens of billions of dollars from the governments of the U.A.E. and Qatar, as the war of words between airlines in the U.S. and the Middle East continue.



The U.S. government needs “full transparency to the actual financial condition of these airlines,” and should “respond accordingly” if it finds they’ve received state support, Delta President Edward Bastian said.



U.S. airlines have been lobbying officials in Washington, D.C. and the European Union over the growth of state-owned Gulf carriers Emirates, Qatar Airways and Etihad Airways, saying they’ve received about $42 billion in aid over the past decade. The U.S. should take a close look at the Open Skies agreements that allow these airlines access to U.S. airports, the head of the U.S. House of Representatives transport committee said Tuesday."



'via Blog this'