deltawatch
Veteran
- Aug 20, 2002
- 887
- 0
US-EU reach tentative deal on "open skies" pact
Fri Nov 18, 2005 07:14 PM ET
WASHINGTON, Nov 18 (Reuters) - The United States and the European Union reached a tentative deal on Friday to dramatically expand aviation service and boost competition on both sides of the Atlantic.
Europe is conditioning approval on a crucial side issue -- the U.S. proposal to ease some limits on foreign investment in American carriers. European negotiators first want to ensure the Transportation Department plan is finalized and that it would facilitate greater investment opportunities and wider access to important travel markets.
LINK
Fri Nov 18, 2005 07:14 PM ET
WASHINGTON, Nov 18 (Reuters) - The United States and the European Union reached a tentative deal on Friday to dramatically expand aviation service and boost competition on both sides of the Atlantic.
Europe is conditioning approval on a crucial side issue -- the U.S. proposal to ease some limits on foreign investment in American carriers. European negotiators first want to ensure the Transportation Department plan is finalized and that it would facilitate greater investment opportunities and wider access to important travel markets.
LINK