Local view for "http://purl.org/linkedpolitics/eu/plenary/2007-03-13-Speech-2-071"
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"en.20070313.7.2-071"2
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"Madam President, Mr Barrot, well done! The debates and negotiations have been going on for years now. Your task was difficult but you have managed to be persuasive and effective. I should like to pay tribute to the agreement reached because it is a good agreement for European interests.
The liberalisation of transatlantic air traffic is in fact going to boost the growth of our airlines at a time when they are facing an increase in the price of kerosene, increasingly strict security constraints and a forthcoming tax introduced as part of the fight against global warming. By allowing them from now on to operate flights to the United States from any European city and no longer just from their country of origin, you are generating more activities for our airlines and thus more jobs to offer to our fellow citizens. More routes and also more freedom regarding the frequency and times of flights will also mean more choice for consumers: European and US passengers will therefore be the second big winners as a result of this agreement.
A third source of satisfaction is the opportunity now provided to European airlines to acquire more than 50% of the capital of US airlines. One might certainly regret the fact that our US friends are preventing the market from operating freely by refusing to grant more than 25% of voting rights to European airlines, but let us not turn our noses up because things are sometimes best left as they are. Furthermore, you said, Commissioner, that the agreement stipulated in return the option for the Union to limit US equity investment in our airlines.
Like Mr Jarzembowski, I should like to conclude by urging the European transport ministers to give their full support in a few days’ time to the Commission, because it is the interests of one of our largest economic sectors that are at stake, and we need to protect them. Faced with the United States, this kind of result would not have been possible without the pooling of our resources. On our own, we cannot achieve much; together, Commissioner, anything is possible."@en1
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