IATA Statement  on US-EU Agreement

Geneva - The International Air Transport Association  (IATA) released the following comments in response to today’s  Memorandum of Consultation on Second Stage Open Skies  agreement between the US and the European Union:  “It is disappointing that, at this critical time, we did  not make significant progress on the issue of ownership. The  agreement was not a step backwards, but it did not move us  forward. The long-term financial sustainability of the  industry is dependant on normal commercial freedoms. I urge  both governments to keep this on the radar screen for urgent  follow-up,” said Giovanni Bisignani, IATA’s Director General  and CEO.

IATA welcomed the reaffirmation within the agreement that  environmental issues leading up to COP-16 should continue to  be addressed through the International Civil Aviation  Organization (ICAO).

“ICAO is the right forum to reach a  global sectoral approach to deal with aviation’s carbon  emissions. I welcome the agreement’s reaffirmation of this as  the industry continues to pursue its ambitious environmental  targets to improve fuel efficiency by 1.5% per year to 2020,  cap net emissions from 2020 with carbon neutral growth and cut  net carbon emissions in half by 2050 compared to 2005,” said  Bisignani.

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