TheStreet report written by Ted Reed details a new report compiled for the big three U.S. airlines that alleges the Gulf carriers, especially Qatar Airways, Etihad Airways and Emirates, have benefited from illegal subsidies from their respective Gulf governments. According to the report, “The subsidies come in forms including cash grants, interest-free loans and favorable contracts with airports, vendors and suppliers funded and generally owned by the governments, the report said. They inevitably reflect close relationships between governments and the airlines, which are often led by the same families and the same individuals.”

The three carriers are three of the fastest growing airlines in the world.

Read the full report: CLICK HERE