European Commission stated it aims to conclude the second stage of negotiations on the EU-US Air Services Agreement before Nov-2010. The negotiations are aimed at building on the existing first stage Air Services Agreement ('Open Skies'), which has been in place since 30-Mar-2008. Europe believes that the first stage agreement could be improved in a number of areas. In particular, the second stage agreement is a "significant opportunity" for both sides to normalise the rules on airline investment thereby facilitating the ownership of European and US airlines by each other's investors. Furthermore, there remains the potential for a second stage agreement to further improve choice for consumers by further opening market access. Should no second stage agreement be reached by the end of November 2010, then both sides have the right to suspend certain rights under the existing agreement. [more]
EU–US 'Open Skies' negotiations Nov-2010 target; EU wants foreign ownership normalised
You may also be interested in the following articles...
"Too little competition in the American (airline) market". EU head: US consolidation goes too far
At the ACI 26th General Assembly in Athens on 21-Jun-2016 the European Commission's DG Competition Henrik Mørch said that the EC has generally approved JVs but is closely watching consolidation trends. As reported in a CAPA news brief, Mr Mørch said that the EC is interested in how much consolidation can be justified with efficiency gains for the consumer.
He added that, while the European aviation market is more fragmented than the American market, taking the level of consolidation that exists in the US and applying it to Europe is "not necessarily something we would advocate for...there's too little competition in the American market in our view".
However, the level of concentration on the North Atlantic, the principal market where JVs have been approved by the Commission, is greater than in North America – the market that Mr Mørch considers too concentrated. Meanwhile, European fragmentation weighs heavily on its airlines' yields and holds back their profitability.
Iran CAPA Aviation Summit – hope turns to frustration, but optimism remains as growth abounds
When CAPA – Centre for Aviation held its first conference in Iran at the end of Jan-2016 the atmosphere was primarily one of optimism. Immediately preceding the conference the expectation was that Iran and the West would move to rapidly reverse decades of estrangement. The first round of sanctions against Iran had come down – in line with the historic 2015 Joint Comprehensive Plan of Action (JCPOA) nuclear agreement reached between Iran and the ‘5+1’ powers – and major airlines and aircraft manufacturers were coming to the table.
While it was acknowledged that progress on major deals was not going to happen overnight, the hope was that as layers of sanctions came down, Iran would be embraced by the rest of the world. In return, Iran was expected to open itself up progressively to foreign trade and investment, and to travel.
The road ahead was perceived to be one that was both a very different, and far easier, one than the one Iran had already travelled. Aviation in particular was a sector that was expected to shine and lead the way for a new era for the country.