ETIHAD AIRWAYS RESPONSE TO CLAIMS RAISED ABOUT
STATE-OWNED AIRLINES IN QATAR AND THE UNITED ARAB EMIRATES
MAY 31, 2015
22
Human Resources Awards.
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We are not aware of the Big 3 Carriers receiving any similar
awards. Likewise, while Etihad has consistently fulfilled all financial obligations to its
workforce, the Big 3 Carriers cannot say the same. Indeed, at the May 15, 2015 National Press
Club Airline CEO luncheon, Delta CEO Richard Anderson asked the “airline employees in this
room who lost their pensions in bankruptcy or had their pensions frozen to stand up.”
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Unfortunately for those employees, much of the room stood up.
The Big 3 Carriers’ other regulatory complaints – local registration requirements, lack of
competition law, and competence of the UAE Civil Aviation Authority – reflect a quasi-colonial
attitude and take a very condescending view of non-U.S. law. Etihad, as a foreign airline and
corporation that is pleased to do business in the United States, takes no issue with complying
with U.S. law; that is our obligation. We do not complain about the laws of the United States,
many of which differ considerably from those of the UAE. As for the Big 3 Carriers’ complaints
about a lack of antitrust law in the UAE, they are simply wrong. The UAE competition law is
set forth in Federal Law No. 4 of 2012.
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Entities operating within the oil and gas, electricity and
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“The World’s 100 Most in Demand Employers: 2014, The Most Sought After Employers in the World
Based On Billions of Interactions from LinkedIn’s 300,000,000 plus members,” LinkedIn, available at
https://www.linkedin.com/indemand/global/2014. None of the Big 3 Carriers appeared on this list. Many
of their former employees had their pensions involuntarily reduced or terminated by their management.
See Risk Advisory Benefits Report.
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“National Press Club Luncheon with Airline CEOs, May 15, 2015,” Id, available at
http://www.press.org/news-multimedia/videos/npc-luncheon-airline-ceos (Mr. Anderson’s request starts at
34 minutes). See also “Conflicts Abound at American Airlines’ Pension and 401(k) Plans,” Forbes,
November 14, 2012, available at http://www.forbes.com/sites/edwardsiedle/2012/11/14/conflicts-abound-
at-american-airlines-pension-and-401k-plans/ (“On February 1, 2012, American Airlines announced it
would seek to terminate all four of its pension plans. According to the Pension Benefit Guaranty Corp.,
‘America’s [sic] four defined benefit plans have assets of $8.3 billion and liabilities of $18.5 billion, and
officials at the agency, which sits on the airline’s creditors committee, pressed American to avoid
terminating the plans.’ Under pressure from the PBGC, American relented and On March 7, 2012, AMR
announced it would freeze, not terminate, the pensions of its non-pilot employees.”).
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UAE Federal Law No. 4 of 2012 on the Regulation of Competition (English version), available at
http://www.economy.gov.ae/English/Publications/Federal%20Law%20No.%204%20of%202012%20on%2
0the%20Regulation%20of%20Competition.pdf.