EU, US Report Progress After Open Skies Agreement

Law360, New York (November 16, 2010, 6:55 PM EST) -- A report on trans-Atlantic airline alliances since the adoption of the 2008 Open Skies Agreement between the U.S. and the European Union has found remarkable similarities between competitive structures and prevailing trends in the European and U.S. airline industries, paving the way for further regulatory cooperation.

The 2008 EU-U.S. Air Transport Agreement has increased competition in transatlantic markets by clearing some of the regulatory barriers to large-scale joint ventures and partnerships, allowing large carriers to remain competitive with low-cost regional rivals, according to a joint report...
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