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Old 16th Feb 2011, 13:25
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777boyo
 
Join Date: Feb 2008
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EK "Subsidies"

About five or six years ago, at the Annual IATA Airline CEO Conference, in response to allegations of unfair subsidy emanating mainly from the then QF and AC CEO's, the EK CEO (strictly speaking, the "President-Emirates Airline"), offerred to open up the EK financial books to financial analysts from any other airline, without any impediment. The condition attached was that any airline taking up the offer should, in the spirit of reciprocity, open up their books to free inspection by Emirates.

One would think that they would have jumped at this opportunity. Guess how many took up the offer?
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