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00:00REGIME. WE ARE OPENING NEW THE UNITED STATES, TWO L.A., AND THEN TO BOSTON IN MARCH, AND THEN EVENTUALLY OF THE DOORSTEP OF DELTA IN JUNE, WHICH WOULD BE MY GREAT PLEASURE. WHAT IS BEING SAID ABOUT THE CARRIERS IS NOT TRUE. RELEVANT DOCUMENTS TO THE GOVERNMENT, AND I WILL LEAVE IT TO THE GOVERNMENT TO DECIDE WHAT THEY HAVE TO DO AND IF THEY ARE COMPLYING. >> WHICH PART OF THAT IS NOT TRUE? THE INDUSTRY HAS COME UP WITH SOME OF THE SUBSIDIES AT $42 BILLION BETWEEN YOU AND AMOROUS. WHICH PART OF THE NUMBERS NOT RIGHT? >> THAT IS WHAT THEY CLAIM TO BE, THE TOTAL SUBSIDIES WE HAVE RECEIVED. I CAN DEFTLY TELL YOU ABOUT AIRWAYS, THAT WHATEVER WE RECEIVED FROM OUR GOVERNMENT IS AN EQUITY OWNED BY THE GOVERNMENT. WHAT THE AMERICAN CARRIERS ARE NOT TALKING ABOUT IS THE BIGGEST LEGAL SUBSIDY THEY GET UNDER CHAPTER 11, THEY ALSO HAVE AN INDIRECT SUBSIDY, RECEIVING FUEL SUBSIDIES BY THE GOVERNMENT, SO I THINK MUDSLINGING DOES NOT WORK. THEY SHOULD STAND UP AND FACE THE COMPETITION AND GIVE THE PASSENGER GOOD VALUE FOR MONEY. REMOVING CAPACITY AND CHARGING EXCESSIVE AMOUNTS TO PASSENGERS, THE AMERICAN PASSENGERS, IS, I THINK, NOT FAIR. THEY ARE WORRIED ABOUT THE PRODUCT THIS APPLY TO PASSENGERS IN AMERICA. MATT: AMERICAN CARRIERS HAVE HAD A MONOPOLY FOR THE LAST CENTURY. THEY HAVE THE SLOTS THEY WANT AND YOU HAVE A SITUATION WHERE YOU HAVE AN INVESTOR MAKING AN INVESTMENT IN THE BUSINESS TO MAKE THE BUSINESS PERFORM BETTER. THE MEET WITH U.S. SENATORS IN -- AND CONGRESSMEN TO DISCUSS THE SITUATION? >> I HAVE NOT MET MANY U.S. SENATORS AND CONGRESSMEN BUT THE PEOPLE HAD A VERY CONVINCING STORY THAT WHAT THEY ARE CLAIMING IN THE UNITED STATES IS NOT TRUE. WHAT MY GOVERNMENT IS INVESTING AND IS INFRASTRUCTURE , THAT EVERYONE ELSE IN THE WHOLE WORLD INVESTS. IT IS INTERESTING TO SEE THE AMERICAN CARRIERS ARE NOT TALKING ABOUT THE SAME BUSINESS THAT THEY HAVE. THIS, IN JAPAN AND GUAM, TAKING SHAREHOLDING AND COMPANIES THAT ARE SUBSIDIZED, THEY NEVER TALK ABOUT INDIA, THEY NEVER TALK ABOUT AFRICAN COMPANY -- COUNTRIES, THEY NEVER TALK ABOUT CHINA, BECAUSE THEY ARE AFRAID. THEY DO NOT TALK ABOUT RUSSIA. THEIR ONLY TALKING ABOUT THE MIDDLE EASTERN CARRIERS. THEY MUST NOT FORGET THAT CHINA IS A SLEEPING GIANT. IF THE AIRLINES ARE NOT TO WHAT WE'RE DOING OVER HERE WITH LIMITED FREQUENCY, I WOULD BE INTERESTED TO SEE WHAT THE REACTION IS OF THESE THREE AMERICAN CARRIERS THAT ARE ALL THE TIME CRYING WOLF BECAUSE THEY CANNOT STAND UP TO COMPETITION. MATT: THE BOTTOM LINE IS WE ARE ALL CAPITALISTS AND WE WON INVESTMENT IN INFRASTRUCTURE. WE NEED IT FOR SURE HERE IN NEW YORK AIRPORTS. ALSO IN AIRPLANES. YOU HAVE MADE A LOT OF NOISE ABOUT EGG ORDERS FROM AIRBUS FOR MORE EFFICIENT PLANTS. ARE YOU PREPARED TO MAKE A BIG ORDER RIGHT NOW OR DO YOU HAVE ANYONE ON THE DOCKET? >> AS A MATTER OF FACT, WE HAVE AT THE MOMENT ORDERED ENOUGH AIRPLANES, BUT YES, WE HAVE INVESTMENT OPPORTUNITIES IN AIRLINES AND OTHER PARTS OF THE WORLD AND WHEN THAT MATERIALIZE AND WE FINALIZED INVESTMENT OPPORTUNITIES, WE WILL ORDER MORE AIRPLANES FROM BOEING AND AIRBUS. DAVID: A QUICK QUESTION ABOUT OIL AND HOW THAT IS AFFECTING YOUR BUSINESS POSITIVELY AND NEGATIVELY, -- >> POSITIVELY, IT IS INTERESTING FOR MY BUSINESS BECAUSE THE LOWER THE OIL PRICE, WE CAN RECOVER OUR LOST MARGINS WE WERE LOSING WHEN THE OIL PRICES ARE VERY HIGH. IT IS NOT GOOD FOR MY GOVERNMENT. IT IS VERY EFFICIENT. WE DO NOT RELY ON OIL, WE HAVE OTHER NATURAL RESOURCES AND WE CAN STILL CONTINUE OUR PROGRESS. STEPHANIE: THANK YOU FOR JOINING US THIS MORNING. THANK YOU. ♪

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