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Published on : Monday, June 8, 2015
The major airline executives from the Middle East, U.S. and Europe are all set for a face-to-face battle over a multi-billion dollar market access in Miami this week. The argument over subsidy claims and blocking further market access is gradually heating up according to latest reports. The traffic rights into the U.S. and Europe along with the billion dollar aircraft orders to Boeing and Airbus are at stake.
The three major U.S. carriers—Delta Air Lines, United Airlines and American Airlines—and Europe’s Air France-KLM and Deutsche Lufthansa, have urged their governments to block further market access to a trio of Middle East carriers they accuse of receiving $42 billion in government backing. The subsidies allow them to compete unfairly, the critics charge. Emirates Airline, Qatar Airways and Etihad Airways deny they are subsidized and say their rivals have received hefty handouts.
Airline executives from more than 150 carriers have gathered in Miami for the annual meeting of the IATA amid the intensifying situation between the Gulf carriers and the major U.S. airlines.
The German carrier, Lufthansa has long argued for curbing the growth of the Persian gulf rival and the support from the U.S. airline have strengthen their decision.