Abu Dhabi – Mubasher: Dubai airline Emirates may terminate or adjust the $76 billion deal to purchase 150 Boeing aircraft, ordered at 2013 Dubai Airshow, over the cancellation of Open Skies agreement between the UAE and the US, company’s president Sir Tim Clark told Business Insider.
The cancellation of Open Skies agreement will also take its toll on a $16 billion deal with the US’ GE Aviation for 300 GE9x engines, Clark added.
"There are those in the United States who would like to see a shutdown of the Open Skies," Sir Clark revealed, as Business Insider reported.
A lobby of three big American carriers – American, Delta, and United Airlines – urged the US government to impose a penalty on Middle Eastern carriers, especially Emirates, arguing that their growth has been backed by over $50 billion government subsidies.
"We have provided our financials. The government of Dubai, which owns Emirates, does not have to publish anything. But we publish everything to the sixth decimal place and we are audited,” Clark commented.
The cancellation of Open Skies agreement will not harm only the US aviation industry, but its negative effect will extend to some international airlines, including French and Chinese carriers, Emirate’s president concluded.
