The new EU-US aviation pact to open airways

BRUSSELS, March 26, 2008 (AFP) - Air passengers flying between Europe and the United States should get more choice and cheaper tickets if all goes as officials plan under a new EU-US aviation pact taking effect on Sunday. After more than four years of often tense negotiations, hopes are high that the new so-called "open skies" agreement will usher in a new era of transatlantic travel thanks to the tougher competition.

The EU estimates that the accord could provide a major boost to transatlantic air traffic with more than 26 million extra passengers expected over the next five years.

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Meanwhile, the deal is estimated to create benefits worth 12 billion euros (19 billion dollars) for consumers and create 80,000 new jobs in the European Union and the United States combined.

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The pact is supposed to meet those high ambitions by replacing the patchwork of 21 bilateral aviation accords that so far existed between Washington and individual nations with a single EU-US accord.

Previously, six EU countries without such bilateral accords could not have direct flights to the United States.

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Additionally, the open skies agreement will lift many of the restrictions that currently exist under those bilateral accord

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