European Commission Seeking Unrestricted Airline Wet-Leasing Agreement with U.S.

The European Commission wants to eliminate restrictions on EU airlines from leasing planes and crews from U.S. carriers, according to Reuters.

Wet-leasing, the practice of leasing crewed planes from other airlines, is common within the industry.

The EU and U.S. have a 10-year-old Open Skies services agreement, meant to foster a liberal regime for wet-leasing.

However, the EU in 2008 imposed a seven-month duration limit on European airlines wet-leasing from non-EU carriers.

In response, the U.S. imposed similar duration limits on EU carriers wet-leasing with the U.S.

The European Commission now wants a mandate from EU member states to negotiate an unrestricted wet-leasing agreement with the U.S.

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