Subsidies from the Gulf nation allowed Etihad and Emirates to continue operating flights on which they were losing money, giving them an advantage over domestic rivals.
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The United Arab Emirates agreed to increase financial transparency in its airlines as part of a deal with the U.S. to resolve allegations that two state-owned carriers have unfairly benefited from billions of dollars in government subsidies.The agreement settles the final piece of a long-running dispute over government aid, which pitted the largest U.S. airlines against rivals in the UAE and Qatar. American Airlines Group Inc., Delta Air Lines Inc. and United Continental Holdings Inc. claimed in 2015 that the Gulf carriers were able to compete unfairly on flights into the U.S. because of government subsidies.The U.S. carriers in the dispute claimed subsidies from the Gulf nation allowed Etihad and Emirates to continue operating flights on which they were losing money, giving them an advantage over domestic rivals.
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