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EU, Brazil sign comprehensive open skies agreement
By Cathy Buyck | March 22, 2011
The EU and Brazil last week initialed a comprehensive air services agreement that will allow all EU airlines to operate direct flights to any destination in Brazil from city in Europe without restrictions on routes, prices and the number of weekly flights and vice versa, the European Commission said Friday.
As with other open skies agreements, both sides have agreed to closely cooperate in a wide range of areas including safety, security, application of competition law, air traffic management, environment, consumer protection, and social and labor issues.
“What we have reached with Brazil today is an agreement that will open up the air traffic market between the EU and Brazil,” EC VP-Transport Siim Kallas said. “This will generate significant economic benefits for businesses, travelers, the aviation industry and the wider EU and Brazilian economies .... This is particularly important in view of the very important world sports events that Brazil will be hosting in the coming years.”
Brazil will host the FIFA World Cup in 2014 and the Olympic Games in 2016 (ATW Daily News, March 18). The country is by far the largest air transport market in South America with around 4.5 million passengers carried annually on flights between the EU and Brazil. The EC said that an economic impact assessment study forecasts that a full market opening with Brazil could generate up to €460 million ($652.2 million) in consumer benefits per year. The potential for traffic growth is estimated at 335,000 additional passengers in the first year.
The EU has similar comprehensive air transport agreements with the US, Canada, Switzerland, Morocco, the Western Balkan countries, Georgia and Jordan.
http://atwonline.com/airports-routes/news/eu-brazil-sign-comprehensive-open-skies-agreement-0321
EU, Brazil sign comprehensive open skies agreement
By Cathy Buyck | March 22, 2011
The EU and Brazil last week initialed a comprehensive air services agreement that will allow all EU airlines to operate direct flights to any destination in Brazil from city in Europe without restrictions on routes, prices and the number of weekly flights and vice versa, the European Commission said Friday.
As with other open skies agreements, both sides have agreed to closely cooperate in a wide range of areas including safety, security, application of competition law, air traffic management, environment, consumer protection, and social and labor issues.
“What we have reached with Brazil today is an agreement that will open up the air traffic market between the EU and Brazil,” EC VP-Transport Siim Kallas said. “This will generate significant economic benefits for businesses, travelers, the aviation industry and the wider EU and Brazilian economies .... This is particularly important in view of the very important world sports events that Brazil will be hosting in the coming years.”
Brazil will host the FIFA World Cup in 2014 and the Olympic Games in 2016 (ATW Daily News, March 18). The country is by far the largest air transport market in South America with around 4.5 million passengers carried annually on flights between the EU and Brazil. The EC said that an economic impact assessment study forecasts that a full market opening with Brazil could generate up to €460 million ($652.2 million) in consumer benefits per year. The potential for traffic growth is estimated at 335,000 additional passengers in the first year.
The EU has similar comprehensive air transport agreements with the US, Canada, Switzerland, Morocco, the Western Balkan countries, Georgia and Jordan.
http://atwonline.com/airports-routes/news/eu-brazil-sign-comprehensive-open-skies-agreement-0321