An unintended consequence of the airline open skies agreement combined with alliance agreements between the United States and the European Union is the birth of joint transatlantic ventures that will test both U.S. and E.U. regulations and regulators.
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Earlier we reported that the European Union and Canada have reached a deal that will open up the aviation market to each other. Now the European Union Transport Ministers and Canada are set to sign the agreement. This means that Canadian and European airlines have the freedom to fly between any Canadian airport and any European airport.
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British Airways has just introduced Open Skies that originates from JFK airport in the US and doesn’t treat its passengers as cargo. Currently, the price of a prems+ ticket (business class) costs the same as coach on most competing airlines. Karen Fawcett reports on her luxurious transatlantic flight.
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First it was Open Skies. Now the U.S. is surprising everyone by proposing to ease the “spider’s web of airline ownership rules” in a move that would allow Europeans to own more of a U.S. airline.
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David Neeleman, founder of JetBlue, will not stand for re-election to the board of directors of the airline he founded. He will focus on his Brazilian airline start-up.
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Sir Richard Branson has reversed course on a plan to launch an all-premium-class carrier, citing changes in the market and concerns over the Open Skies deal between the United States and European Union.
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