The United States International Air Transportation Policy Statement developed in 1995 to facilitate international aviation recognizes that the trend toward expanding international airline networks is an inevitable response to the underlying network economics of the airline industry. Since adopting that policy, the Department of Transportation, together with the Department of State, has successfully negotiated numerous open skies agreements. These have led to major changes in how international service is provided today. This report provides a broad picture of how immunized alliance development has affected traffic and fares in the transatlantic market. The report shows that multinational alliances are playing a key role in the evolving international aviation economic and competitive environment. They are providing improved, more competitive services in literally thousands of markets. And alliances have provided a way for carriers to mitigate the limitations of bilateral agreements, ownership restrictions, and licensing and control regulation.
International Aviation Developments: Global Deregulation Takes Off (First Report)
1999
22 pages
Report
No indication
English
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