A pretty important event just took place in
This “open sky” agreement will make it possible for European airlines to more easily access to the over protected American market. With such an agreement, for example, British Airways could connect
Still, a final agreement has to be reached on March 22, to be signed by all 27 member states. If ratified, such will be consequential in the history of air transport as it could build as much as 80 000 new employments on both sides of the
Basically, it will become impossible for the U.S. Authorities to limit to 50%, as it is the case today, a simple participation (with no voting rights) to the equity of national airlines. And reciprocally for European states. Also, European companies will have access to U.S. National commercial programs such as Fly America (reserved to
Now, let us hope that participating states will not succumb to the everlasting temptation of discreetly setting up side arrangements that would somehow reinstate local protections, an everlasting sport on both sides of the water…
Pierre de Fermor (with P. Avril).
No comments:
Post a Comment