ETIHAD CHIEF ATTACKS “COLONIAL” AIRLINES ON ISSUE OF EXPORT CREDIT

Australian chief executive of Etihad Airways, James Hogan has hit out at European and North American airlines which are lobbying for export credit to be withdrawn from airlines in developed countries. He said to a national newspaper: “Why do European and North American airlines have the colonial right to rule the world? … We have to be careful that one or two airline CEOs with vested interests don’t blow this issue out of proportion.” Cash rich Middle Eastern carriers have come under fire from airlines located in the Home Rule countries – UK, Spain, France, Germany and US – who