The Fair and Open Skies Act, also known as Bill 118 s 1752, is a piece of legislation currently being considered by the US Congress. The main goal of this bill is to promote fair competition and transparency in the airline industry.
One of the key provisions of the Fair and Open Skies Act is to address unfair practices by foreign airlines that receive government subsidies. These subsidies can give foreign airlines an unfair advantage over US carriers, leading to decreased competition and potentially harming American jobs in the aviation industry.
The bill aims to level the playing field by requiring the Department of Transportation to investigate and take action against any foreign airline that is found to be receiving unfair subsidies. This could include imposing tariffs or other penalties to offset the advantage gained by the subsidized airline.
Additionally, the Fair and Open Skies Act seeks to increase transparency in the airline industry by requiring foreign airlines to disclose any government subsidies they receive. This information would be made publicly available, allowing consumers and US carriers to make more informed decisions about which airlines to support.
Overall, the Fair and Open Skies Act is designed to protect American jobs and ensure fair competition in the airline industry. By addressing unfair subsidies and promoting transparency, this bill aims to create a more level playing field for all airlines operating in the United States.