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Tag Archives: Gulf Carriers

Airline executives laud Trump administration’s arrangement with Qatar over subsidies

Airline executives and labor groups heaped praise on the agreement that was reached between the Trump administration and Qatar geared towards resolving a dispute over alleged unfair subsidies. “Today’s agreement by the State of Qatar is a strong first step in a process for commercial transparency and accountability, and we remain committed to working with the administration to address the harmful trade violations by the United Arab Emirates as well,” …

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US Government set to finalize agreement with Qatar to ease “Open Skies” conflict

The United States government has relayed to US carriers that Secretary of State, Rex Tillerson, would be finalizing an agreement with Qatar wherein state-owned Qatar Airways would pledge to be more transparent with its financial records, and declared that it holds no plans to operate fifth freedom flights to the US. The upcoming accord comes after the State Department told US airlines in December that it wouldn’t revisit negotiations regarding …

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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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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 Aviation Summit opens with call to dash protectionism

A fervent call to eliminate protectionism was what opened the Arab Aviation Summit being held in Dubai. The appeal was made to propel growth of the aviation industry in compliance with Dubai’s successful “open skies” policy. Arab Air Carriers Organization Director General Abdul Wahab Teffaha remarked that protectionism – or the act of blocking key aviation players from global and regional markets – would hamper the expansion of the global …

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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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Smaller U.S. airlines bash Senate tax bill provision targeting Gulf carriers

JetBlue Airways, Hawaiian Airlines and other U.S. passenger and cargo carriers are vehemently opposing a provision in the Senate tax bill that would mandate several foreign airlines to pay U.S. corporate taxes on part of their profits. The three major U.S. carriers — Fort Worth-based American Airlines, Atlanta-based Delta Air Lines and Chicago-based United Airlines — are embroiled in a long-running trade row with Persian Gulf carriers Emirates Airline, Etihad …

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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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