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Open Skies to Advance Competition

By Linda Tancs

Lower transatlantic fares and flight availability.  Sound good?  That’s the premise behind the US/EU Open Skies agreement, set to take effect in March 2008.  Under the agreement EU airlines will be able to fly to any city in the U.S., and U.S. airlines will be able to fly to any city in the EU.  Will this have any effect on competition, or will outside factors (like fuel costs and gate rentals) set the game rules?  Stay tuned.

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