Peru, Panama Flight Unlimited and Unrestricted

Posted on June 17, 2011 • Filed under: Business, Economy, Latin America Aviation, Panama, Peru, Politics

According to ElComercio.pe this open skies aviation agreement will reduce travel costs up to 10%. Today, Thursday June 16th, released a legislative resolution about an Air Transport Agreement between Panama and Peru. This agreement outlines policy of open skies between the two countries and is subjected to a few rights that relate to the commercial aviation guarantee of each government. Airlines of both countries will now be able to enter each country without limiting flight, schedules and itineraries, allow freedom of pricing with minimal state intervention. The agreement between Panama and Peru was on September 8, 2003. However an amendment was not signed until August 26, 2010.Read Article

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