Open Skies' Transatlantic Boom
Air travel across the pond is set for a major shake-up. After decades of dominance by European national airlines and a handful of American carriers on lucrative transatlantic routes, the U.S. and the European Union signed the so-called Open Skies Agreement in April to unshackle air travel. Among other things, the agreement will make it possible for, say, a Spanish airline to shuttle passengers from Britain to the U.S., or for American carriers to drop off passengers in one European country, then pick up more and relay them to another destination.
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