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Tag Archives: Etihad

Qatar expected to release financial information regarding Qatar Airways

Qatar is set to divulge detailed information regarding the finances of the state-owned carrier, Qatar Airways. The development was made public by the United States Department, in a move that is said to come as a result of the enormous pressure placed on the Qatar by US airlines to disclose any potential subsidies it may have received. Under the terms of the understanding, U.S. officials said Qatar Airways would be …

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United States requires Middle Eastern carriers to go through stringent cargo screening

The United States Transportation Security Administration (TSA) revealed that it would compel six Middle Eastern carriers to go through heightened cargo screening in a bid to improve global aviation security. In a statement, the TSA said that the changes apply to carriers in five nations that are flying out from seven airports. It focuses “on last points of departure locations where the threat is greatest.” The development comes as the …

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Emirates Group Security and Etihad Aviation Group sign MoU for cooperation in aviation security

Both Emirates Group Security and the Etihad Aviation Group have signed a Memorandum of Understanding for the cooperation in aviation security. Signing the MoU were Tim Clark, the President of Emirates Airline and Tony Douglas, the Chief Executive Officer of the Etihad Aviation Group. Also witnessing the signing were Sheikh Ahmed bin Saeed Al Maktoum, Chairman and Chief Executive, Emirates Airline & Group, Hamad Abdulla Al Shamsi, Vice Chairman, Etihad …

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United States planning talks with Qatar and UAE on airline subsidies

The United States State Department is gearing up for talks with Qatar and the United Arab Emirates regarding allegations that they have been providing subsidies amounting to billions of dollars to their state-backed airlines. The Trump administration will be looking to secure commitments on financial transparency, said sources that had knowledge about the proceedings. The meetings are set to commence as early as this week. US airlines have long harped …

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Arab Air Carriers Organization lauds removal of US corporate tax plan for foreign carriers

The Arab Air Carriers Organization (AACO) has hailed the removal of the much talked about United States proposal to levy corporation tax on Arabian Gulf airlines. AACO’s Secretary-General Abdul Teffaha expressed his satisfaction with the news that the amendment – tabled last month by US Senator Johnny Isakson of Georgia – was pulled from the bill. “Reason prevailed,” he said. The amendment, put in by Isakson, called for airlines headquartered …

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United States: Senate tax proposal could prove costly for foreign carriers

A proposal included in the Senate tax bill could prove costly to foreign airlines, including Gulf-based airlines that have been accused of receiving billions of dollars in unfair state subsidies. The provision would compel specific carriers that are based outside of the country to United States corporate taxes on money earned in the country if U.S. airlines do not have at least two weekly departures to or arrivals from the …

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Row between U.S. and Persian Gulf carriers set to intensify

The years long spat between United States and Persian Gulf carriers – Emirates, Qatar Airways and Etihad Airways PJSC – is about to reach fever pitch. This after Etihad said that a measure that make part of the Senate’s tax-reform bill contains “language that is inappropriate under U.S. law and runs contrary to several international agreements.” The remarks are about an addition to the bill that calls for foreign airlines …

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Arab carriers seek to put down US proposal to remove tax exemptions for foreign airlines

Representatives for Arab airlines, which include Emirates and Etihad Airways, are looking for measures to nip a US proposal to take away the longstanding tax exemption for foreign airlines. The move, should it be ratified, would result in increased fares for passengers and damage to global networks, said the representing body of the Arab carriers. The Arab Air Carriers Organisation (AACO) – whose 30-strong membership network also includes Gulf Air, …

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United States: Elimination of income tax exemptions for certain airlines being floated

A United States congressional proposal that would take away income tax exemptions for specific airlines could impact major carriers from the Gulf, potentially making an already tense situation between U.S. airlines and their Middle East rivals, even worse. U.S. carriers have long expressed their desire for the federal government to step in in what they perceive to be unfair competition by the three major Gulf airlines. The proposal, which is …

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Delta reports campaign to enforce Open Skies agreements gaining traction

Delta announced that their fight to enforce Open Skies agreements with both Qatar and the United Arab Emirates has gained ground following two milestones this past week, “with actions by Congress and Delta employees alike reaching impressive new thresholds.” The US carrier declared that 300 members of the Congress have already written to the Trump administration, urging it to tackle “the more than $50 billion in unfair subsidies that the …

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