New negotiations between the EU and the US began in 2008 and resulted in the signing of a second phase agreement in 2010. This protocol builds on the first agreement and covers additional investment and market access opportunities. In addition, the framework for cooperation in regulatory areas, such as security, social aspects and in particular the environment, will be strengthened, as both sides have agreed on a specific joint environmental declaration. In addition to the typical scope of bilateral air services agreements, the EU-US Air Services Agreement has created a modern legal framework to promote safe, affordable, cost-effective and competitive air transport. This strong cooperation framework enables the EU and the US to meet new challenges in the areas of security, security, environment and climate, competition policy and business. The AIR Services Agreement between the EU and the US also guarantees recognition of the EU name (equal access to all EU air carriers) and thus provides legal certainty to the transatlantic market, given the requirements of the European Court of Justice rulings on open skies. America`s open skies policy goes hand in hand with the globalization of airlines. With airlines` unlimited access to our partners` markets and the right to fly all intermediate points and crossing points, open-air agreements offer maximum flexibility for airline alliances. Operational and regulatory factors prevent the opening of international air traffic. The first stage of the `open skies` agreement, which replaced existing individual agreements between EU Member States and the US, has liberalised the once-closed air transport market for EU and US airlines wishing to fly between and to the US and the European Union.
The long-term objectives of the agreement are to promote competition, contribute to job creation and reduce airfares for consumers. The positive effects of the agreement have already been felt, as the total number of flights between the EU and the US between April and June 2008 increased by 8% compared to the same period in 2007. Other important strengths of the original agreement are the following provisions: while building on the foundations of the first agreement, this second agreement aims to resolve several critical issues. For example, previous airline investment rules have been amended to facilitate investor investment in European or U.S. airlines and to broaden consumer choice by further liberalizing market access. In several other key areas, both sides have also made considerable progress in agreeing on this point: the agreement entered into force on 29 June 2020. However, it has been provisionally applicable since 30 March 2008 (Article 25 of the Air Services Agreement). (d) to expand the role of the EU-US Joint Committee, established by the first phase agreement to ensure the implementation of the agreement and reduce the administrative burden by mutual recognition of each party`s decisions. (Press release II/10/371, breakthrough in the negotiations of the second stage of the open skies between the EU and the United States: Vice-President Kallas welcomes the draft agreement (26 March 2010), RAPID, available under europa.eu/rapid/pressReleasesAction.do?reference=IP/10/371.) The United States has made open skis with more than 100 partners from all regions of the world and at all levels of economic development. In addition to the bilateral open skies agreements, the United States negotiated two multilateral open skies agreements: (1) the 2001 Multilateral Agreement on the Liberalization of International Air Transport (MALIAT) with New Zealand, Singapore, Brunei and Chile, to which Samoa, Tonga and Mongolia subsequently joined; and (2) the 2007 Air Services Agreement with the European Community and its 27 Member States.