Canadian Airlines Join 'Open Skies' | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

** Airborne 11.21.14 ** HD iPad-Friendly -- Airborne 11.21.14 **
** Airborne 11.19.14 ** HD iPad-Friendly -- Airborne 11.19.14 **
** Airborne 11.17.14 ** HD iPad-Friendly -- Airborne 11.17.14 **

Fri, May 08, 2009

Canadian Airlines Join 'Open Skies'

Canada has reached an agreement with the European Union which may make finding investors much easier for Canadian airlines than for their US competitors.
 
The New York Times reports that the agreement, reached Wednesday, would allow up to 49 percent of a Canadian airline to be owned by foreign interests, with a complete lifting of limits on foreign ownership possible in the future. Until now, Canada imposed the same 25-percent limit as does the current US rule.
 
The new agreement also drops restrictions on point-to-point flights between Canada and the EU, allows more code-sharing agreements, and sets up a joint committee to monitor the agreement.
 
Canada's new policy stands in contrast to recent attempts by Minnesota Congressman James Oberstar, the Democrat who chairs the House Committee on Transportation and Infrastructure, to impose tighter rules and oversight on antitrust immunity and code-sharing by US airlines. Some industry observers have warned Oberstar's initiatives could trigger a trade war.

FMI: www.tc.gc.ca

Advertisement

More News

Barnstorming: FAA -- The Original EPA

The Governmental Death By 1000 Cuts Continues... Guest Editorial by Rich Davidson, Grass Cutting Administrator At Lee Bottom Flying Field/API Advisory Board Did you feel that Aero->[...]

Airborne 11.21.14: AEA's 3Q/14 Report, Fantasy Of Flight, Modernizing The NAS

Also: Holland Wants Gold, FAA Strangling UAVs?, RAF WWII Trainer For Sale, Bf109s Live, Georgia v Aerospace Engineers The Aircraft Electronics Association has released its third-qu>[...]

Aero-TV: Lessons Learned -- Reflecting On Mark Baker’s First Year At AOPA

A No-Nonsense Q&A With AOPA Boss, Mark Baker ANN CEO and Editor-In-Chief, Jim Campbell sat down with AOPA’s President, Mark Baker to discuss his first year at the job and>[...]

AD: Agusta S.p.A. Helicopters

AD NUMBER: 2014-23-02 PRODUCT: Certain Agusta Model A109E, A109K2, A119, and AW119 MKII helicopters.>[...]

ANN's Daily Aero-Linx (11.22.14)

Baja Bush Pilots The Baja Bush Pilots organization was started by Arnold Senterfitt, author of the book "Airports of Baja and Mainland Mexico".>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2014 Web Development & Design by Pauli Systems, LC