American Airlines CEO reveals why a small Italian airline is the focus of the nastiest feud in the airline industry

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 71 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 32%
  • Publisher: 51%

الإمارات العربية المتحدة أخبار أخبار

الإمارات العربية المتحدة أحدث الأخبار,الإمارات العربية المتحدة عناوين

Qatar Airways owns 49% of Air Italy, but American Airlines CEO Doug Parker says Qatar is 'clearly in control.'

in their favor by using more than $50 billion in government subsidies to fuel their international expansion. As a result, the US3 alleges that the Middle Eastern carriers violated the OpenSkies agreements that govern air travel between the US and the United Arab Emirates and Qatar.

"The facts are those two countries, the UAE and Qatar have put subsidies into the three airlines, unlike anything we've ever seen before," American Airlines CEO Doug Parker told us."The result of that is those three carriers fly routes without any regard to profitability and that's a concern for those of us who do have to produce profits on our flying."Parker added,"that's an enormous threat to commercial aviation and the United States.

A few weeks after the Qatari government's deal with the Trump administration was announced, Italy's Meridiana Airlines was rebranded as Air Italy with new flights to the US was announced. Qatar Airways acquired a 49% stake in the financially challenged carrier several months earlier. "Those side letters were important, it gave the US government the comfort it needed to move forward, only to find out that Qatar had gone and acquired a certificate of some bankrupt Italian airline and it acquired 49% share but was clearly in control and was going to take its airplanes and put them into that airline and have them fly from Europe to the United States," Parker said.

"That didn't seem within the spirit of the agreement, it seems like an absolute violation of the intent of the agreement," the American Airlines CEO added."Yeah, we don't think that's right."

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 729. in AE

الإمارات العربية المتحدة أحدث الأخبار, الإمارات العربية المتحدة عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Airlines, travel industry warn of excessive U.S. entry wait timesGroups representing major U.S. airlines, airports and travel industry companies ...
مصدر: Reuters - 🏆 2. / 97 اقرأ أكثر »

Virgin Atlantic in, IAG out of race for Thomas Cook airline businessThe chief executive of British Airways owner IAG ruled out bidding for Thomas Co...
مصدر: Reuters - 🏆 2. / 97 اقرأ أكثر »