US, EU Resume Talks To Expand 'Open Skies' Aviation Pact - Smart Money
The three-day session in Washington is expected to focus on U.S. and European laws that affect cargo and passenger carriers doing business on both continents. The U.S. will take aim at European restrictions on night flights and other regulations that officials say hurt cargo carriers such as United Parcel Service Inc. (UPS) and FedEx Corp. (FDX). The E.U., meantime, will continue its long push to loosen U.S. restrictions on foreign ownership and control of its airlines.
The three-day session in Washington is expected to focus on U.S. and European laws that affect cargo and passenger carriers doing business on both continents. The U.S. will take aim at European restrictions on night flights and other regulations that officials say hurt cargo carriers such as United Parcel Service Inc. (UPS) and FedEx Corp. (FDX). The E.U., meantime, will continue its long push to loosen U.S. restrictions on foreign ownership and control of its airlines.
