01 Jul 2015
(MENAFN) The Dubai-based Emirates airline has been accused with violating U.S. Open Skies accord and that it has obtained a total of USD5 billion in subsidies from the government, Reuters reported.
In addition, the U.S. carriers claimed that Emirates received hedge losses previously assumed by the parent company The Emirates Group, and that the subsidies have severely aided the airline in routing out competitors from key markets.
“Our investigation shows that these massive subsidies have allowed Emirates, Etihad and Qatar (Airways) to expand far beyond what market forces could ever support,” a spokesman from the U.S. said.
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
26 Jan 2026
BBK Enhances Autumn Fair 2026 Experience with Customized Rewards and Premium Services
This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more