ME3 govt-subsidized? It's a private government, not subsidized by the citizen taxpayers, and it's a private-government owned airline so it's a private airline.
In the US where the citizens subsidize the government, private companies receive no government subsidies, unions are strong, the product is poor, the prices high and the profits are weak.
In the ME, where the citizens pay no tax, the airlines are run by the government and unions are non existent, the product is excellent, the prices good and the profits high.