• Skip to main content
  • Skip to primary sidebar

Ad – Bottom Content

Payload Asia

EU & Canada sign air deal leading to open skies

Payload Asia

Leaderboard

  • Home
  • Latest News
  • Channels 
    • Carriers
    • Aircraft Manufacturers
    • Airports
    • Courier & Mail
    • Freight Forwarders
    • Express
    • Ground Handling & Cargo Terminals
    • Logistics
  • 10th Payload Asia Awards
    • About
    • Categories
    • Entry Forms
    • Rules and Regulations
    • Winners Circle – 9th PLA Awards
    • Awards Gallery
  • Subscribe
  • Advertise
  • More 
    • Event Calendar
    • Directory
    • Contact Us
Share

EU & Canada sign air deal leading to open skies

June 1, 2009 by Payload Asia

Canada’s deal with the European Union applies to the carriage of both passengers and cargo and is based on a loosening of Canadian restrictions on foreign ownership and comes at a time that Canada’s leading carrier, Air Canada, struggles withfinancial turmoil.

Specifically the agreement initially provides airlines “unlimited freedoms to operate direct services between any point in Canada and the 27-country EU trading bloc.”

Additional carrier rights take effect once Canada has taken the steps necessary to enable European investors to own up to 49 per cent of a Canadian carriers’ voting equity, up from 25 per cent currently. The Canadian government has already introduced such a proposal.

At a third stage, once both sides enable investors to set up and control new airlines in each others’ markets, passenger airlines will be able to fly onward to third countries.

The final stage will come once both sides complete steps to allow the full ownership and control of their carriers by the others’ nationals, and would provide carriers “full rights to operate between, within and beyond both markets, including between points in the territory of the other party,” a set of rights known as cabotage, or eighth freedom rights.

The agreement also allows new “commercial arrangements,” including codeshare partnerships, and includes cooperation on “consumer interests,” air traffic control, access to airport facilities and environmental issues.

Previously, Canada had inconsistent and restrictive agreements with some EU member states, and no pacts whatsoever with eight.

More than half of Canada’s overseas tourists hail from Europe and the EU also is Canada’s second biggest trading partner after the US, with some C$84.2 billion (US$77.5 billion) in imports/ exports.

Th e European Union cited a 2007 European Commission study that found an “open aviation area” between EU and Canada in the first year would generate half a million passengers, as much as €72 million in economic benefits and 1,000 new jobs.

“Of the 40 European passenger air carriers capable of serving Canada today, fewer than half currently do so,” said Canadian Airports Council (CAC) president and CEO Jim Facette.

“Attracting just a fraction of the remaining air carriers would translate into big business for Canada’s airports, a boon for consumers and tremendous economic benefi ts for the community through increased trade and tourism.”

Meanwhile, the Association of European Airlines (AEA) secretary general Ulrich Schulte-Strathaus said the EU-Canada deal would “shine a spotlight on the negotiations with the US. Th e US call their agreement with the EU ‘Open Skies,’ but the deal with Canada will redefi ne what Open Skies really should be,” he said.

US labour groups and some lawmakers oppose cabotage and meaningfully higher foreign ownership caps, two primary European demands for second-stage Open Skies. Newly elected President Barack Obama has previously stated he will keep foreign ownership limited to a minority share and will keep cabotage rules as they currently are written.

Other Topics: Air & Cargo Services, Air Canada, air cargo, Air Cargo Asia, air cargo freight, Air Forwarding, air freight, Air Freight Asia, Air Freight Logistics, air freighter, air freighting, Air Logistics Asia, Air Shipping Asia, airlines cargo, airways cargo, asia cargo news, cabotage, cargo aviation, codeshare partnership, eighth freedom rights, environmental issues, financial turmoil

Related Articles

  • Kuehne+Nagel offers SAF option with Lenovo
  • Air Canada to start freight service to Liege in Feb
  • Air Canada adds Releye to cold chain solution
  • FedEx adds Asia-Europe capacity with new PEK-CDG route
  • IATA’s new North Asia head returns to Beijing
  • Vietnam’s IPP Air Cargo targets September launch

Ad – After Content

Primary Sidebar

Ad – Uppper Boombox

Trending News

  • Korean Air and Delta celebrate 5-year joint venture Korean Air and Delta Air Lines are celebrating the fift... 80 views | posted on June 6, 2023
  • SIA Engineering to form JV with Cambodian airport The joint venture will establish line maintenance servi... 75 views | posted on June 5, 2023
  • 10th Payload Asia Awards opens for nominations In its 10th edition, the awards event will play host to... 71 views | posted on June 5, 2023
  • Qatar Airways signs multimillion SAF deal with Shell Qatar Airways has signed a deal with Shell to source 3... 58 views | posted on June 5, 2023

Payload Asia Awards

  • Top players reunite at the 9th Payload Asia Awards Top executives and well-renowned companies in the air c... by PLA Editor | posted on November 1, 2022
  • 9th Payload Asia Awards set on 28 October The 9th edition of the Payload Asia Awards will be held... by PLA Editor | posted on August 29, 2022
  • Air cargo takes spotlight at 8th Payload Asia Awards Winners of the prestigious Payload Asia Awards were ann... by PLA Editor | posted on October 5, 2021
  • Payload Asia Awards A toast to excellence, resilience at 7th Payload Asia Awards More than 60 industry professionals attended the digita... by PLA Editor | posted on January 22, 2021

Subscribe To
Our Newsletter


Select list(s) to subscribe to


By submitting this form, you are consenting to receive marketing emails from: Harvest Information Pte Ltd, 150 Orchard Road #07-05, Singapore, 238841, http://www.payloadasia.com/, https://tva.onscreenasia.com/. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Payload Asia continues to be the authoritative source for informative, accurate and up-to-date news and information on the air cargo industry and related sectors.
With its updated and refreshed look the print edition continues to provide high quality coverage on the Asia-Pacific, India-Middle East, Europe-CIS, North & South America and Africa air cargo markets.

© 2021 Harvest Information. All rights reserved. Privacy Policy

Partner Sites : Asia Food Journal . Asia Food Journal China . Control Engineering Asia . Control Engineering China . Electronics Manufacturing China . Pharma Asia . Pharma Asia China . Logistics Insight Asia

We use cookies and similar technologies to improve your browsing experience.
Continuing to use this site means you agree to our use of cookies. I agreeRead More
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled

Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.

Non Necessary

Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.

Analytics

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.

Performance

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

Advertisement

Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.

Save & Accept

1