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RECENT U.S. ECONOMY HEADLINES

Ed Bastian op-ed: Air Italy’s mysterious benefactor

How Qatari state subsidies flow to an obscure Italian airline, circumventing a key agreement with the U.S. and putting thousands of American jobs at risk. A Deutsche Bank airline analyst asked a question recently: “Who is funding Air Italy’s losses?” In a Dec. 7 report, the firm noted the obscure Italian carrier produced a negative

Hudson Institute Releases New Study on State Subsidies and Unfair Competition in Global Commercial Aviation

Hudson Institute released a new study, “Subsidies and Unfair Competition in Global Commercial Aviation: How to Respond,” authored by Hudson senior fellow Thomas Duesterberg. The report assesses the commercial airline industry’s “Open Skies” framework and the impact of violations and distortions by state-subsidized international carriers. The findings demonstrate that Emirates Airline, Etihad Airways, Qatar Airways,

Airlines face perfect storm

U.S. airlines are facing a pivotal moment as higher fuel prices combine with government policy proposals that threaten to undermine the industry’s profitability after years of struggle. The rising fuel costs are forcing executives to consider raising fares to compensate, a move that may spark consumer backlash, even as Congress debates restrictions to extra fees

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