The European Commission has adopted a new aviation strategy to boost aviation sector competitiveness in Europe in the wake of fierce competition from other airlines globally.
The new strategy would allow European aviation industry to expand its reach to new growth markets through new external aviation agreements with key countries and regions across the world.
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The commission is seeking to enter into talks for air transport agreements with several countries including China, Turkey, UAE, Kuwait and Qatar to ensure fair competition, Reuters reported.
Europe’s aviation sector that contributes around €110bn to the economy has been hit by the rapid expansion of Gulf airlines and shifting traffic flows to Asia, as reported by the publication.
EU Transport Commissioner Violeta Bulc said: "European aviation is facing a number of challenges and today’s strategy sets out a comprehensive and ambitious action-plan to keep the sector ahead of the curve.
"It will keep European companies competitive, through new investment and business opportunities, allowing them to grow in a sustainable manner. European citizens will also benefit from more choice, cheaper prices and the highest levels of safety and security."
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By GlobalDataSimilar agreements are already in place with the US, Canada and Brazil.
European Commission said: "These agreements will also provide more connections and better prices for passengers. Global connectivity is a driver of trade and tourism, and directly contributes to economic growth and job creation."
The strategy also requires EU to update safety rules in order to maintain high safety standards. It also highlights the importance of completing the Single European Sky project, optimising the use of the busiest airports, and monitoring intra-EU and extra-EU connectivity to identify shortcomings.
The commission will also use new technology in a bid to reduce the burden of security checks and costs.
Image: European Commission adopts new aviation strategy to expand its reach to new growth markets. Photo: courtesy of European Commission.
