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U.S. and UAE sign pact to resolve airline competition claims

Reuters  |  WASHINGTON 

By David Shepardson and Yara BayoumyWASHINGTON (Reuters) - The United States and United Arab Emirates signed a deal on Friday to resolve U.S. claims that Gulf carriers have received unfair government subsidies, the U.S. State Department said.The voluntary agreement, which applies to Etihad and Emirates airline, is similar to a deal announced in January between the United States and Qatar in which Qatar agreed to release detailed financial information about state-owned Qatar Airways.The UAE's ambassador to the United States, Yousef Al Otaiba, praised the deal.Since 2015 the largest U.S. ...

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First Published: Sat, May 12 2018. 02:55 IST