Originally Posted by
RemoveB4flght
Etihad put up on their company website the findings of an outside company Risk Advisory Group, which they hired to counter investigate alleged government subsidies to the Big three US carriers, finding they collectively received $71.5 billion in benefits:
http://www.etihad.com/Documents/keep...y-report-1.pdf
VERY weak case.
Bankruptcy = NOT government subsidy
PBGC = insurance program, NO government funds involved.
Fuel Subsidies = NO advantage; report acknowledges same tax rate for all commercial carriers, foreign and domestic.
Risk Advisory Group is an outside company, but they wrote exactly what Etihad wanted them to write. Their paychecks came indirectly from Etihad.