Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Magazine

Hurdles Still Ahead For "Open Skies"


U.S. and European Union negotiators on Nov. 18 agreed on a plan to give airlines on both continents far greater flexibility in flying transatlantic routes originating outside their home countries. But the "open-skies" agreement wouldn't take effect unless it is approved by all 25 EU members. Although favored by most U.S. and European carriers, the plan faces British opposition because it would lift restrictions that make it difficult for non-British airlines to get landing slots at London's Heathrow. And EU officials want the U.S. to relax curbs on foreign ownership of U.S. airlines. The Transportation Dept. recently offered to allow foreign investors a 49% voting stake in U.S. carriers, up from 25%. But the proposal faces congressional opposition.

EDITED BY Edited by Rose Brady


LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus