With no end in sight in the ongoing fracas between carriers in the US and Europe and those in the Middle East over alleged subsidies, Qatar Airways chief executive Akbar Al Baker gives his views on why Chinese carriers and others are spared the same accusations.
When asked by Payload Asia in Doha recently about the largely quiet role of Chinese carriers, in what some refer to as the ‘sleeping giants’ of the air cargo sector, Al Baker said: “I agree, the Chinese carriers are sleeping giants. In my mind China is the economic superpower and they have huge growth potential.”
But there is one aspect of these sleeping giants that is seldom discussed within the industry, or by those in the US and Europe who are engaged in the fierce state subsidy rhetoric aimed largely Qatar Airways and its next door neighbor in Dubai.
“I want to put one question to people who always accuse us of subsidies. They never talk about Chinese carriers because the business in China suits them. They want to concentrate on a place where they get the highest yield and no competition and it serves their purpose.