"Blue Skies Agreement" Announcement
The Honourable Stockwell Day, Minister of International Trade and Minister for the Asia–Pacific Gateway, on behalf of Canada’s Transport Minister, John Baird, today announced the successful conclusion of a Blue Sky air transport agreement with the Republic of Korea.
The new agreement allows any number of air carriers from either country to operate scheduled passenger and all-cargo air services as frequently as desired, to and from any point in either country's territory. Air carriers will also be able to pick up traffic in each other's territory and continue to a third country as part of a service to or from their home territory.
The agreement also provides for rights pertaining to flights carrying cargo only, allowing stand-alone cargo services between each other's territory and third countries, and includes a tariff regime that will allow carriers to readily react to market conditions.