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/NBAA2014 10.24.14 ** HD iPad-Friendly -- Airborne/NBAA2014 10.24.14 **
** Airborne/NBAA2014 10.22.14 ** HD iPad-Friendly -- Airborne/NBAA2014 10.22.14 **
** Airborne/NBAA2014 10.21.14 ** HD iPad-Friendly -- Airborne/NBAA2014 10.21.14 **
** Airborne/NBAA2014 10.20.14 ** HD iPad-Friendly -- Airborne/NBAA2014 10.20.14 **

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

Airborne at NBAA-10.22.14: Legacy 500, Universal InSight, BendixKing AeroWave

Also: GE Honda, Sagem's Active SideStick, Syberjet Update, Techno Aerospace Knows How to Party The FAA handed over certification papers for Embraer's Legacy 500 executive jet durin>[...]

ANN's Daily Aero-Linx (10.24.14)

Homebuilt Homepage: Clubs And Newsletters This page lists Homebuilt related Clubs and Newsletters.>[...]

ANN's Daily Aero-Term (10.24.14): Phase Separation – Aviation Fuel

Phase separation is when a combined liquid separates into two different liquids and may occur when autogas is used for aviation fuel.>[...]

Aero-News: Quote Of The Day (10.24.14)

“I’m excited and humbled by the trust that the ALPA Board of Directors has placed in me with this election.” Source: ALPA President-Elect Tim Canoll.>[...]

ANN FAQ: Q&A 101

A Few Questions AND Answers To Help You Get MORE Out of ANN!>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

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