Trump's Hot Air In Fight For US Skies
Bloomberg Businessweek Middle East|February 16, 2017

Trump wades into dispute over “unfair” Gulf airlines US expansion. “He is focused on trade violations by the UAE and Qatar that are costing American jobs”

- Mary Schlangenstein and Toluse Olorunnipa, with Deena Kamel Yousef and Yousef Gamal El-Din
Trump's Hot Air In Fight For US Skies

President Donald Trump has told US airlines he'll help them compete with foreign carriers that are aided by their governments, a crucial signal of White House support for an industry campaign that began in 2015.

“A lot of that competition is subsidised by governments, big league,” Trump said at a White House meeting with the nation’s largest airlines, air freight companies and airports. “I’ve heard that complaint from different people in this room. Probably about one hour after I got elected, I was inundated with calls from your industry and many other industries, because it’s a very unfair situation.”

Active involvement by Trump would answer two years of prodding by Delta Air Lines Inc., United Continental Holdings Inc. and American Airlines Group Inc. to act on claims that $50 billion in government support have enabled three Arabian Gulf carriers to compete unfairly. While Trump didn’t name individual foreign companies, the US airlines asked to meet with the Secretary of State Rex Tillerson to discuss their allegations against airlines Emirates, Etihad Airways PJSC and Qatar Airways Ltd.

Delta Chief Executive Officer Ed Bastian suggested a connection between opposition to alleged subsidies and Trump’s focus on job creation in the US.

“At Delta, we plan to hire 25,000 people over the next five years with the support of a level playing field globally,” Bastian said in a statement about the White House meeting.

Etihad declined to comment. Representatives for Emirates and Qatar Air didn’t respond to requests for comment. The airlines have disputed the claims of their US rivals.

この蚘事は Bloomberg Businessweek Middle East の February 16, 2017 版に掲茉されおいたす。

7 日間の Magzter GOLD 無料トラむアルを開始しお、䜕千もの厳遞されたプレミアム ストヌリヌ、9,000 以䞊の雑誌や新聞にアクセスしおください。

この蚘事は Bloomberg Businessweek Middle East の February 16, 2017 版に掲茉されおいたす。

7 日間の Magzter GOLD 無料トラむアルを開始しお、䜕千もの厳遞されたプレミアム ストヌリヌ、9,000 以䞊の雑誌や新聞にアクセスしおください。

BLOOMBERG BUSINESSWEEK MIDDLE EASTのその他の蚘事すべお衚瀺
Golfing With The Enemy
Bloomberg Businessweek Middle East

Golfing With The Enemy

Did Donald Trump's executives violate the Cuban embargo?

time-read
10+ 分  |
August 16, 2016
Super-Rich Syrians Wait for War's End
Bloomberg Businessweek Middle East

Super-Rich Syrians Wait for War's End

Actor, author, playwright. Gill Pringle tries her hand at unravelling the mystery behind this enigmatic multi-hyphenate

time-read
10+ 分  |
July 01, 2016
Pam Codispoti
Bloomberg Businessweek Middle East

Pam Codispoti

The mastermind behind the industry-shaping Chase Sapphire Reserve Card sets her sights on banking

time-read
2 分  |
January 16, 2018
This Time It's The Economy
Bloomberg Businessweek Middle East

This Time It's The Economy

President Rouhani’s budget sets offprotests from people angry about unemployment and inflation

time-read
5 分  |
January 16, 2018
Saudi Prince Counts On Support Of Citizens
Bloomberg Businessweek Middle East

Saudi Prince Counts On Support Of Citizens

State-worker salary increases appeal to the people, but policy may throw the budget off track

time-read
3 分  |
January 16, 2018
Stalin's Legacy Is Choking The Ukrainian Economy
Bloomberg Businessweek Middle East

Stalin's Legacy Is Choking The Ukrainian Economy

The government has resisted pressure to lift a ban on land sales, despite pressure from the IMF and investors

time-read
4 分  |
January 16, 2018
Catastrophe Bonds Survive A Stormy Year
Bloomberg Businessweek Middle East

Catastrophe Bonds Survive A Stormy Year

The turbulence of 2017 couldn’t destroy a market for betting against disasters

time-read
3 分  |
January 16, 2018
Riding The West Bank's Credit Boom
Bloomberg Businessweek Middle East

Riding The West Bank's Credit Boom

Increased consumer lending is creating a bubble in the West Bank

time-read
3 分  |
January 16, 2018
You'd Be Crazy To Buy Pizza With Bitcoin
Bloomberg Businessweek Middle East

You'd Be Crazy To Buy Pizza With Bitcoin

Speculative fervour makes the cryptocurrency clumsy for commerce

time-read
3 分  |
January 16, 2018
What If The President Loses His Party?
Bloomberg Businessweek Middle East

What If The President Loses His Party?

Trump has to figure out a way to work with Republicans in Congress, or the global economy may be at stake

time-read
6 分  |
August 16, 2017