Virgin Atlantic calls on EU and US negotiators to “unshackle” the aviation industry

European carriers may acquire 25% of the voting rights in a US airline, while US carriers are limited to 49% of European carriers.

Virgin Atlantic: "The only open skies that make sense are truly open skies - the current system is full of regulation and red tape and we need to unshackle our industry. A car company like Ford can invest into the UK car market, yet airline carriers are restricted from investing in each other. This is a golden opportunity for lawmakers, but we expect it to take some time yet," Paul Charles, Director. Source: telegraph.co.uk, 11-May-08.



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