Tuesday, 12 May 2015

Airline subsidy spat won’t be a diplomatic issue, says Minister of Economy | GulfNews.com

Airline subsidy spat won’t be a diplomatic issue, says Minister of Economy | GulfNews.com:



"The ongoing spat between UAE and US carriers over government subsidies will not develop into a diplomatic issue for Abu Dhabi and Washington DC, UAE Minister of Economy, Sultan Al Mansouri, has said.



The US’ three largest airlines, Delta, United and American, are irked by the rapid growth of the UAE’s largest airlines, Emirates and Etihad Airways, as well as Doha-based Qatar Airways. The US carriers, alleging that the growth of the three Gulf airlines was only made possible with $42 billion (Dh154 billion) in unfair state subsidies, want their government to rethink open skies agreements with the UAE and Qatar.



The spat has so far mainly played out in the media with executives from the six airlines locked in a tit-for-tat, but asked on Monday if it could become a government-to-government issue, Al Mansouri said, “No, not at all.”"



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