Saturday , February 17 2018
Home | Tag Archives: Subsidies

Tag Archives: Subsidies

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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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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US-UAE Business Council believes Open Skies agreements will stay put

The US-UAE Business Council is confident in its belief that the United States government will not revoke the Open Skies agreements between the two nations. This, according to the President of influential membership body, Danny Sebright, who said: “I think we’ve done a good job of inoculating against various efforts by the US carriers to find a champion on the inside of [President] Trump’s administration. Now I think we’re at …

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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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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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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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