air liberalization

Air liberalization refers to the process of reducing restrictions on international air transport markets. This involves allowing more airline competition by easing regulations, such as routes, pricing, and ownership. The aim is to enhance consumer choice, lower fares, and improve services. Liberalization can lead to more airlines entering the market, increasing flight options and frequencies. It typically involves agreements between countries, often called "open skies" agreements, which allow foreign airlines to operate more freely within and between these nations, promoting economic growth and tourism.