Canada-Costa Rica Air Transport Agreement Concluded

by Mike Godfrey, for LawAndTax-News.com, Washington

02 March 2009

A newly reached 'open skies' air transport agreement with Costa Rica is good news for travellers and Canadian businesses, announced Canada's Transport Minister, John Baird, and Minister of International Trade, Stockwell Day.

"This new agreement is a win-win for Canada's air travel industry and consumers", commented Minister Baird, who added:

"This announcement is another example of our Government's commitment to forming partnerships with other countries, offering competitive airline prices to travellers and boosting our economy."

Minister Day continued:

"This agreement will bring Canada and Costa Rica to a new level of economic co-operation."

"It will help create new jobs for our economy, expand market potential for our businesses and build connections for our citizens. This agreement is a another demonstration of our government's commitment to further engagement with the Americas."

The Canada-Costa Rica air transport agreement - which was officially concluded on February 17 - allows airlines to operate own–aircraft and code-sharing scheduled air services between any bilateral city–pair.

Code-sharing is a type of air service which allows an airline to sell seats in its name on the flights of another airline. This agreement also allows airlines greater flexibility in scheduling and pricing of flights. In conjunction with these services, airlines will also be permitted to sell services between each other's country and third countries.

The rights contained in the new agreement are not immediately available, giving airlines of both countries time to consider opportunities and plan accordingly.

The governments of both countries have committed to completing the agreement's implementation requirements to allowing the new rights to become available as early as possible.

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