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EU transport ministers want to resume open skies talks with US.

AIRLINE INDUSTRY INFORMATION-(C)1997-2005 M2 COMMUNICATIONS LTD

The transport ministers of the European Union are ready to relaunch negotiations with the USA on aviation.

The ministers reportedly said that they support the European Commission's aim to relaunch talks with the goal of achieving an open skies agreement. An agreement was close last year, but the talks failed as the EU asked for more access to the US market for European airlines, Reuters reported.

The EU would seek to get an end to laws that stop foreign airlines from owning more than 25% stakes in US airlines, officials said. Previously, Washington has reportedly been willing to allow EU investors stakes of up to 49%, but that may not be sufficient for the EU.

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Publication:Airline Industry Information
Article Type:Brief Article
Geographic Code:1USA
Date:Apr 22, 2005
Words:135
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