The “open skies” agreement allowed EU airlines to hold a portion of US airlines and aircraft. Although EU carriers are not in a position to take control of US airlines, this part of the agreement places the US and EU on a level playing field for airlines and travel. An open-air agreement between the US and the EU from every point. The agreement was signed in April 2007 and came into force in March 2008. The agreement is considered a “game change” as the agreement covers two-quarters of the world`s largest commercial aviation markets. It is therefore a fundamental explanation of what the “open skies” agreement is and what it is used to. Do you have any other ideas? Leave your comments in the field below! To learn more about this topic, I recommend you check out some of the key texts in this area such as air marketing and management of Steven Shaw or Air Transport Management: An International Perspective by Lucy Budd. According to open-ski proponents, politicians have already provided astonishing evidence of economic growth. Clifford Winston and Jia Yan of the Brookings Institute found that “the agreements brought in at least $4 billion in profits to travellers per year and that travellers would receive an additional $4 billion if the United States negotiated agreements with other countries with significant international passenger traffic.” Another observable advantage is the increase in direct international flights. The extension of “open skies” agreements can also lead to job creation in the aviation sector.

Some discussions have taken place on the consequences of the UK`s exit from the EU (Brexit) in 2020 for British and US airlines travelling between the UK and the US. [15] Both the EU and the Secretary of State for Exiting the European Union, David Davis, confirmed that it was likely that the UK would leave the “open skies” agreement between the EU and the US. [16] [17] Subsequently, it emerged that the United Kingdom had begun negotiations with the United States for a future air services agreement between the United States and Great Britain. [18] You have also significantly improved consumer choice, allowing you to choose from a variety of airlines that compete for your customers and travel to a variety of destinations when more international gateways are open. And as more agreements are signed around the world, the potential of business travellers grows. Despite these criticisms, open-ski agreements have undoubtedly played an important role in creating a dynamic air transport market that we often take for granted.