“The Big 3 US Carriers ‘swindle’ Their Customers.”– Qatar Airways CEO

“The Big 3 US Carriers ‘swindle’ Their Customers.”– Qatar Airways CEO

“The Big 3 US Carriers ‘swindle’ Their Customers.”– Qatar Airways CEO

$UAL, $DAL, $AAL

Akbar Al Baker says he is not worried about The Trump Administration siding with the Big 3 US airlines

The Big 3 US airlines, Delta (NYSE:DAL), American Airways (NYSE:AAL) and United (NYSE:UAL) which are lobbying against the GCC airlines, are “self-centred” and “not loyal to their own country”, the CEO of Qatar Airways says.

Speaking on the sidelines of the Arabian Travel Market exhibition in Dubai, Akbar Al Baker said that he was not worried about The Trump Administration siding with the three US airlines, which have been demanding an end to the country’s open skies agreement with Qatar and the UAE.

“Trump is a wise and very good businessman and will not buy into the airlines’ bullying,” he said.

“The three carriers do not represent the US. They do not serve the country’s foreign diaspora. They are self-centred and swindle their customers,” said Al Baker.

“They are not loyal to their country and should be ashamed of themselves,” he added.

The US airlines accuse the GCC airlines of receiving unfair government subsidies, an allegation that has been refuted by Qatar Airways, Emirates and Etihad Airways.

“We invest heavily in the US and create local jobs,” said Al Baker.

Mr. Al Baker’s remarks came even as the airline announced an additional new route to the US city of San Francisco, set to become its 15th US destination.

The addition of the route comes even as the GCC airlines grapple with a US ban on laptops and other electronic devices on board in the cabin.

Mr. Al Baker said the ban had led to only a “manageable” decline of about half a percentage in passenger traffic, with loads still at around 75%.

He also reiterated his view that the ban was not “commercially motivated” and that it had to do with security measures.

But he stressed that security at the Doha airport was of the highest standards.

“Terrorists will look for the weakest point and there are many others,” he said, without revealing names of countries or cities.

Mr. Al Baker also affirmed that Emirates, Etihad and Qatar Airways were not approaching the US government jointly to discuss lifting the ban.

Looking ahead, the airline expects to post a “record profit” this year, Mr. Al Baker told reporters.

And with Crude Oil prices beginning to fall again, passengers may not have to pay an additional amount as a fuel surcharge.

“We have a cushion, but if the cost exceeds that, it will be passed on to the customers,” he said.

By Aarti Nagraj

Paul Ebeling, Editor

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Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

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