Report: U.S. willing to negotiate on foreign ownership limits

10/3/2008 | Guardian (London), The

A British newspaper is reporting that U.S. negotiators are willing to raise limits on foreign ownership of domestic airlines beyond the current 25% cap. Some European carriers reportedly believe the Open Skies agreement gave away too much to U.S. carriers by opening up London Heathrow, and Open Skies agreements can be reversed in 2010 if further talks are not satisfactory. Sources say the U.S. is unwavering in its stance that EU carriers cannot offer domestic routes.

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Guardian (London), The

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