In an opinion piece published on July 6 by the Huffington Post, I made clear that no one knows the pain of bankruptcy better than the professional men and women of the U.S. airline industry.
Now, the Gulf carriers are abusing that painful experience by trying to confuse it with a very serious issue that is of crucial importance to our industry.
I underscored that during bankruptcy, pain is unavoidable and it’s just a matter of navigating through a process where everyone gets hurt. The $42 billion worth of subsides to the Gulf carriers, though, is avoidable – there is a remedy. The U.S. government must seek consultations with the Qatar and UAE governments.