The US and United Arab Emirates (UAE) are set to announce a deal that addresses longstanding concerns over alleged subsidies for Dubai-based Emirates Airline and Abu Dhabi-based Etihad Airways as well as fifth-freedom flying to the state. Under the deal—which the AP reports was signed May 11 after months of talks and will be formally announced May 14—Emirates and Etihad will open their books to audits and issue annual financial statements. A similar agreement was struck with ...

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