Negotiators for the United States and Brazil initialed a text for a new air transport agreement in Rio de Janeiro on December 3, 2010, which once formally approved will establish an Open Skies air transportation relationship between the two countries. The delegations also initialed a Memorandum of Understanding, which upon signature will significantly expand services between the two countries and provides for most elements of Open Skies.
Open Skies agreements vastly expand international passenger and cargo flights to and from the United States, promoting increased travel and trade, enhancing productivity, and spurring high-quality job opportunities and economic growth. Open Skies agreements do this by eliminating government interference in the commercial decisions of air carriers about routes, capacity, and pricing.
The Agreement will strengthen and expand already strong trade and tourism links with Brazil, benefiting U.S. and Brazilian businesses and travelers by expanding air service and encouraging vigorous price competition by airlines, while safeguarding aviation safety and security.