US and Japan are reportedly set to sign their Open Skies Agreement today (25-Oct-2010) (Bloomberg, 23-Oct-2010). The agreement will end limits on how many carriers can operate between the two countries and what prices they can charge. The US gave preliminary antitrust approval earlier this month, subject to the agreement being signed. Last week, MLITT granted antitrust immunity for JAL and American Airlines and ANA and United Continental Holding to cooperate with codeshare partners on US services.
US and Japan to sign open skies agreement on 25-Oct-2010
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Northeast Asia's outlook remains bright – and perhaps more so than before
A few years ago amidst the economic downturn it was Northeast Asia – with its main Chinese market – that was a strategic bright spot for aviation.