US airlines face uphill struggle against Mid-East rivals
New York
FOR the past year, the US's three largest airlines - Delta, United and American - have waged a relentless campaign to convince the Obama administration that their business is threatened by Persian Gulf-based carriers that receive billions of dollars in state subsidies.
The airlines have pressed the administration to freeze all new flights from their three foreign rivals - Emirates, Etihad and Qatar Airways - and would ultimately like to change the pacts, known as open skies agreements, that allow unlimited flights between the United States and the United Arab Emirates (UAE) and Qatar.
"We recognise it is a difficult issue for our government to tackle right now," said Doug Parker, the chairman and chief executive of American Airlines. "But o…
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Transport & Logistics
Volkswagen to keep China market share stable as price war rages
COE quota for May-July up 2.7%; passenger car categories rise despite less cut-and-fill
Tesla profits tumble but shares rise on new vehicle plan
Volvo Cars see good demand this year after higher Q1 unit sales
Capital A chief Fernandes defers retirement, renews contract for five years
Victims’ families to urge US prosecute Boeing over fatal crashes