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Nov 4, 02, 11:33 am
Court Will Decide Tuesday Legality Of US-EU Air Accords
The European Court of Justice in Luxembourg will decide Tuesday morning whether eight bilateral air agreements between European countries and the U.S. are illegal.
If the so called "Open Skies" accords are struck down, analysts expect consolidation to speed up among Europe's flag carriers. If that happens, Europe's air traffic could soon resemble that of the U.S. with large hubs increasingly dominating traffic.
The European Union Commission wants the agreements outlawed so it can negotiate a single accord with the U.S. on behalf of the E.U's 15 member states.
The prognosis for a Commission victory is good. The Court's Advocate General said in a preliminary assessment in February that the agreements involved a " case of discrimination based on nationality" that is illegal under E.U. law. The court has gone along with the Advocate General's opinion in four out of every five cases.
"It is time to move on and create a transatlantic airspace for the greater good of our air industry and the U.S. air industry," said E.U. Commissioner for Transport Loyola de Palacio earlier this year.
http://biz.yahoo.com/djus/021104/1210000489_1.html
The European Court of Justice in Luxembourg will decide Tuesday morning whether eight bilateral air agreements between European countries and the U.S. are illegal.
If the so called "Open Skies" accords are struck down, analysts expect consolidation to speed up among Europe's flag carriers. If that happens, Europe's air traffic could soon resemble that of the U.S. with large hubs increasingly dominating traffic.
The European Union Commission wants the agreements outlawed so it can negotiate a single accord with the U.S. on behalf of the E.U's 15 member states.
The prognosis for a Commission victory is good. The Court's Advocate General said in a preliminary assessment in February that the agreements involved a " case of discrimination based on nationality" that is illegal under E.U. law. The court has gone along with the Advocate General's opinion in four out of every five cases.
"It is time to move on and create a transatlantic airspace for the greater good of our air industry and the U.S. air industry," said E.U. Commissioner for Transport Loyola de Palacio earlier this year.
http://biz.yahoo.com/djus/021104/1210000489_1.html