Visitors pass by the Emirates airline booth at the Arabian Travel Market exhibition in Dubai, United Arab Emirates, Tuesday, May 5, 2015. (AP Photo/Kamran Jebreili)
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Dubai carrier Emirates will deliver a "sledgehammer" response to a report compiled by U.S. carriers accusing major Gulf airlines of receiving more than $40 billion in unfair government subsidies, its president Tim Clark said Tuesday.Clark did not say when any formal response would be delivered, but the airline's CEO Sheikh Ahmad al-Maktoum told reporters in Dubai it would be fair if it had two years to put together a reply since the U.S. carriers took that long to produce their report.Delta Air Lines, American Airlines and United Airlines alleged in January that Emirates, Etihad Airways and Qatar Airways received over $40 billion in state subsidies in the last decade, allowing them to drive down ticket prices and push competitors out of key markets.
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