Emirates Airlines has fired back at critics who claim its rise to become the world's largest carrier of international passengers is underpinned by unfair government subsidies for its fast-growing fleet of aircraft.
The Dubai-based carrier this week accused the U.S. airline trade body of making "misleading and false" statements about the benefits of export credit support, which is provided to support sales of aircraft from companies such as Airbus and Boeing Co. (BA).
"We believe airlines should have open access to financing," said Tim Clark, Emirates' president, in a letter to James May, head of the Air Transport Association of America, or ATA. "By the same token, no airline should be singled out for restricted access to export finance."
Emirates' continued expansion through the latest recession has seen rivals such as Deutsche Lufthansa AG (LHA.XE, DLAKY), Air France-KLM (AF.FR, AFLYY) and Delta Air Lines Inc. (DAL) call for European governments to help them meet the competitive threat of Middle East rivals that are using their......
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