Industry Research

Study Shows Open Skies Could Boost Travel Economy

Posted on July 2, 2015

WASHINGTON, D.C. -- Two international aviation agreements targeted for "freezing" by major U.S. airlines annually support billions in economic activity and tax revenue and tens of thousands of jobs, according to new research by Oxford Economics commissioned by the U.S. Travel Association.

Moreover, the study measured the considerable fiscal benefit the Big Three U.S. airlines— American, Delta and United — enjoy themselves because of the existence of Open Skies agreements.

Open Skies treaties — essentially free trade agreements for international passenger aviation routes — have come under fire from the Big Three because they claim certain international airlines are encroaching on their market share.

U.S. Travel has vehemently opposed the move to undermine Open Skies on the grounds that the 100-plus agreements, the first of which were signed in the early 1990s, have been a colossal boon to the overall U.S. economy. On June 18, U.S. Travel unveiled the new research to verify its position.

U.S. Travel press release here

Oxford Economics/U.S. Travel research analysis report here

View comments or post a comment on this story. (0 Comments)

More News

5 Ways To Sell Into The Luxury Travel Market

It’s not your father’s high-end market any more. These lessons apply to chauffeured transportation as well.

Trump Travel Ban Could Deter Business-Related Trips

Tech firms and multinational corporations have lashed out at the move, and some recalled employees traveling overseas.

Half Of Companies Allow TNC Use For Business Travel

A GBTA survey finds an increasing number of traveling employees using companies like Uber and Lyft.

Study Shows Jobs Rose In Taxi Industry Despite Uber

The authors believe this is the first serious look at the effects of the gig economy platforms such as Uber on jobs.

What Trump Means For Fleet-Based Businesses

Fleet expert: "If Trump eventually rolls back regulations in the automotive sector, he would likely stimulate growth."

See More News

Facebook Comments ()

Comments (0)

Post a Comment

Submit

Blog

See More

LCT Store

LCT Magazine - March 2017 $12.95 INT'L LCT SHOW ISSUE COVER STORY: * Innovate or Die: Show To Be a Business "Disrupter" * *
LCT Magazine - February 2017 $12.95 NEW MODELS ISSUE COVER STORY: * Fleet Vehicles Preview * *



Connect

Experience the three annual industry events for networking for business, showcasing vehicles and products, and getting the tools for success.

Read About Your Region

What’s Happening Near You?
Click on any state to see the latest industry news and events in that region.

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment

TruckingInfo.com

THE COMMERCIAL TRUCK INDUSTRY’S MOST IN-DEPTH INFORMATION SOURCE

Work Truck Magazine

The number 1 resource for vocational truck fleets

Metro Magazine

Serving the bus and passenger rail industries for more than a century

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

Please sign in or register to .    Close