EU Renews Pressure Over U.S. Airline Ownership

The United States Senate Committee on Commerce, Science and Transportation and its Aviation Sub-Committee held a hearing on May 9, 2006 similar to that of the February 8, 2006 hearing before the U.S. House of Representatives Aviation Sub-Committee. Both were in regard to the proposed Open Skies Agreement between the European Union and the U.S. This latest hearing comes on the heels of newly proposed language from the U.S. Department of Transportation (DOT) concerning the foreign ownership of and investment in U.S. airlines.

What remains at issue is how much