The governments of Canada and Portugal have established a new air transport agreement that will allow for a significant expansion of air services between both countries.The Honourable Lawrence Cannon, Minister of Transport, Infrastructure and Communities, and the Honourable David Emerson, Minister of International Trade, announced the agreement today.
“I am pleased with the new agreement and look forward to seeing the benefits it will bring to Canada’s airline industry,” said Minister Cannon. “This will allow airlines to better meet the needs of travellers and shippers in the Canada-Portugal market.”
This agreement falls within the framework of a deregulation strategy, the details of which will be introduced this fall.
Under the new agreement, Canadian airlines will have access to all destinations in Portugal and Portuguese airlines will have the same access to Canadian destinations. There will also be no limitations on the frequency of service carriers can offer. Airlines will enjoy greater flexibility when offering prices in international markets.
“By facilitating air travel between both countries, this agreement will help build stronger commercial ties,” said Minister Emerson. “This is a targeted way in which we are increasing our trade links with Portugal and Europe as a whole.”
In addition to operating their own aircraft, carriers can provide code-sharing services. Code-sharing permits an airline to market partner airline flights as its own, offering an additional means of serving markets.