If an agreement is reached, it would permit several airlines to offer flights between more than a dozen cities in the two nations.
What critics have particularly singled out is that the new rule permits airlines that fly exclusively within the United States to have all repairs performed overseas if they choose.
For the sake of free competition, we permit airlines like Southwest Airlines and JetBlue to skim the cream from the system.
He noted that American has been criticized for not permitting other airlines to join its reservation system.
That, in combination with an improving economy, permitted airlines to raise fares about 15 percent over the last year.
The next step would be for Congress to permit foreign airlines to fly U.S. passengers from one American city to another.
Australian government policy and legislation currently permits airlines that are 100% foreign-owned to operate domestic airline services within the country.
Finally, note that no foreign government has permitted foreign airlines to carry its domestic traffic.
He suggests permitting money-losing airlines to defer payment of the 10 percent ticket tax.
Probably the most vital protection for competition would be creating enough airport and air traffic capacity to permit smaller airlines to grow.