U.S.-Thailand to finalize deal liberalizing air cargo rights
The U.S. government has reached an open skies agreement with Thailand that eliminates restrictions in the existing bilateral arrangement for air express and cargo carriers, Department of Transportation spokesman Bill Mosely confirmed.
The agreement expands free market notions to the tightly controlled aviation market by getting rid of government controls on the flight frequencies, types of aircraft and prices. United Parcel Service issued a statement last week welcoming the agreement, which was not publicized by U.S. officials.
Mosely said details such as when the agreement takes effect still have to be worked out.