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Etihad Airways has rejected claims by US lobby group the Partnership for Open & Fair Skies that its accounting practices effectively amount to state support.
POFS claimed last week that the major Gulf carriers, Etihad, Emirates and Qatar Airways, were violating Open Skies policies by “shielding their finances from scrutity”. The organisation cited examples including land deals between carriers and their respective governments, state-sponsored development of new facilities and lack of clarity as regards fuel hedging losses. Specifically, POFS accused Etihad ...
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