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Exposing the anti-competitive bias of the archaic regime of bilateral air transport treaties launched in the 1940s in Chicago, this volume interweaves the successes and limitations of the US and EU air transport liberalization programmes to define a 21st-century multilateral open skies solution.
The book is in effect a full-length study of the world airline industry and evaluates: the American international avation policy of the 1990s; the European Commission's campaign for a mandate to enter multilateral air transport negotiations with the US; code-sharing and global airline alliances; and the findings of the industry studies by the US presidential airline commission.