UPDATE 1-Qatar agrees to financial disclosures in spat with U.S. carriers [Reuters]
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Source: Reuters
UPDATE 1-Qatar agrees to financial disclosures in spat with U.S. carriers | Reuters Reuters Staff 4 Min Read (Adds details of agreement, background on dispute) By Alana Wise Jan 30 (Reuters) - State-owned Qatar Airways has agreed to release detailed financial statements, the U.S. government said on Tuesday, as part of a response to accusations by U.S. airlines that the carrier had been illegally subsidized by its government. U.S. Secretary of State Rex Tillerson said that Qatar and the United States had opened a “strategic dialogue” to address domestic airlines’ concerns that the three major Gulf carriers had been unfairly propped up by their governments, putting U.S. carriers at a competitive disadvantage. “The outcome we achieve will ensure a level playing field in the global aviation market,” Tillerson said at a briefing in Washington, alongside Qatari officials. Qatar Airways was not immediately available for comment. Qatar is expected to begin publishing annual financial statemen
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