Canada and the 27-nation European Union concluded a landmark aviation agreement that throws open their markets to each other and lifts restrictions on airline ownership, number of flights, routes and fare prices.
The historic agreement, which may kick in early next year, will allow any airline from Europe to operate to any city in Canada and vice versa. There will no restriction on the number of flights, routes or fare rates.
The agreement is one up on the similar US-EU agreement which does not allow European airlines to take over any US airline.
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