Aviation Summit Yields EU Plan for Open Market

摘要

A global aviation summit, which sought new directions for government management of commercial aviation, produced a strong proposal for an open transatlantic market—the world's largest—between the U.S. and the European Union. But delegates of the 90 nations represented there last week endorsed only a tame statement of principles to guide future discussions. The EU representative, Loyola de Palacio, vice president of the European Commission, advanced the cause of multilateralism by suggesting a Transatlantic Gammon Aviation Area (TCAA) as a trail-blazing alternative to the restrictive bilateral, nation-to-nation aviation agreements that have guided the economics of commercial aviation since the 1944 Chicago Convention.