US DoT: Stand alone agreement with EU, Norway, Iceland levels competition for US carriers

28 August, 2019

US Department of Transportation (DoT) reported (27-Aug-2019) the US stand alone agreement with the EU, Norway and Iceland levels the competition for US carriers wet leasing to European carriers, as it removes certain limitations imposed by the European Community on US carriers. As a result of this agreement, US carriers are now able to compete fairly in the marketplace, offer more services in global markets and gain the chance to benefit from new commercial opportunities, according to the DoT. [more - original PR]