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Changing the rules—amending the nationality clauses in air services agreements

Author

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  • Chang, Yu-Chun
  • Williams, George

Abstract

Airlines are not able to conduct their business in the same way as other global transnational industries. They are inhibited by the foreign ownership restrictions in Air Services Agreements and national laws. This paper reviews the background of nationality clauses and the current regulations in the EU, US and Asia-Pacific. It analyses the pros and cons of ownership rules, the benefits and risks of foreign investment, and the motives for foreign investment in the EU and Asia-Pacific. It also assesses the prospects for change in ownership rules under multilateral and plurilateral proposals.

Suggested Citation

  • Chang, Yu-Chun & Williams, George, 2001. "Changing the rules—amending the nationality clauses in air services agreements," Journal of Air Transport Management, Elsevier, vol. 7(4), pages 207-216.
    • Handle: RePEc:eee:jaitra:v:7:y:2001:i:4:p:207-216
    DOI: 10.1016/S0969-6997(01)00007-2
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    Citations

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    Cited by:

    1. Amankwah-Amoah, Joseph, 2014. "Against all odds! Why the ‘three darlings’ failed?," MPRA Paper 63383, University Library of Munich, Germany.
    2. Amankwah-Amoah, Joseph & Khan, Zaheer & Osabutey, Ellis L.C., 2021. "COVID-19 and business renewal: Lessons and insights from the global airline industry," International Business Review, Elsevier, vol. 30(3).
    3. Carney, Michael & Dostaler, Isabelle, 2006. "Airline ownership and control: A corporate governance perspective," Journal of Air Transport Management, Elsevier, vol. 12(2), pages 63-75.
    4. Suen, Wilma W, 2002. "Alliance strategy and the fall of Swissair," Journal of Air Transport Management, Elsevier, vol. 8(5), pages 355-363.
    5. James F. Nolan & Pamela Ritchie & John Rowcroft, 2003. "September 11 and the World Airline Financial Crisis," Transport Reviews, Taylor & Francis Journals, vol. 24(2), pages 239-255, June.
    6. Christian Rauh & Gerald Schneider, 2013. "There is No such Thing as a Free Open Sky: Financial Markets and the Struggle over European Competences in International Air Transport," Journal of Common Market Studies, Wiley Blackwell, vol. 51(6), pages 1124-1140, November.
    7. Findlay, Christopher, 2003. "Plurilateral agreements on trade in air transport services: the US model," Journal of Air Transport Management, Elsevier, vol. 9(4), pages 211-220.
    8. Wang, Kun & Tsui, Wai Hong Kan & Li, Lan-Bing & Lei, Zheng & Fu, Xiaowen, 2020. "Entry pattern of low-cost carriers in New Zealand - The impact of domestic and trans-Tasman market factors," Transport Policy, Elsevier, vol. 93(C), pages 36-45.
    9. Lee, Chyn-Hwa & Hooy, Chee-Wooi, 2012. "Determinants of systematic financial risk exposures of airlines in North America, Europe and Asia," Journal of Air Transport Management, Elsevier, vol. 24(C), pages 31-35.
    10. Grancay, Martin, 2009. "International civil aviation - all together or all against all?," MPRA Paper 14091, University Library of Munich, Germany.
    11. Chang, Yu-Chun & Williams, George & Hsu, Chia-Jui, 2004. "The evolution of airline ownership and control provisions," Journal of Air Transport Management, Elsevier, vol. 10(3), pages 161-172.
    12. Walulik, Jan, 2016. "At the core of airline foreign investment restrictions: A study of 121 countries," Transport Policy, Elsevier, vol. 49(C), pages 234-251.

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