Wednesday, 20 May 2015

American’s Parker Says U.S. Rejected Early Freeze on Gulf Rivals - Bloomberg Business

American’s Parker Says U.S. Rejected Early Freeze on Gulf Rivals - Bloomberg Business:



"Federal regulators declined to freeze expansion in the U.S. by three Persian Gulf carriers while reviewing whether they’re unfairly subsidized, American Airlines’ chief executive officer Doug Parker said



U.S. officials turned down the request by American Airlines Group Inc., Delta Air Lines Inc. and United Continental Holdings Inc. because they don’t want to take any action while the review is still going on, Parker said in an interview at Bloomberg’s New York headquarters Tuesday. “They are doing their due diligence,” he said.



The U.S. trio has complained that Emirates, Qatar Airways Ltd. and Etihad Airways PJSC have received more than $40 billion in government support, providing an unfair competitive advantage. The U.S. airlines say the gulf carriers are adding as many flights as possible while regulators decide whether to seek talks over the issue."



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