Second Stage EU-US Open Skies accord formally signed

The Second Stage EU-US Open Skies agreement was signed formally last week by representatives of the US and EU and its 27 member states. The agreement does not include abolition or easing of current airline ownership and control restrictions but affirms that the terms of the First Stage 2007 US-EU Open Skies accord will remain in place indefinitely, thus allowing passenger and cargo airlines from both sides to select routes and destinations based on consumer demand, without limitations on ...