Business Report: Delta, United, American Airlines team up to sto - Hawaii News Now - KGMB and KHNL

Business Report: Delta, United, American Airlines team up to stop competition

American, United and Delta, the big three U.S. airlines, are working together to make sure there is no more competition.

The Wall Street Journal says they have been jointly circulating a 55-page briefing paper in Washington, making the case for keeping Arab airlines from offering more service in the U.S.

The U.S. carriers claim the Arab carriers are subsidized. The Arab carriers, which are mostly run by Americans and Europeans, say they are not.

Consumer groups think what is really going on here is that U.S. airlines do not want to compete with Arab airlines because Emirates Air and Qatar Airways have reputations for really good service.

Not every U.S. airline is against open competition. JetBlue supports open skies and says there are ample dispute-resolution mechanisms. FedEx says cargo airlines need open skies to operate.

There is a broader lesson here. Businesses say that they support the fewest possible regulations and the least interference by government. But the truth is, businesses love regulations when applied to the other guy.

That is Crisis at a Glance.

Copyright 2015 Hawaii News Now. All rights reserved.

Powered by Frankly