, Singapore
1407 views

Singapore-led ASEAN locks down region-to-region aviation agreement with EU

The agreement will see non-stop flights between the regions.

The Association of Southeast Asian Nations (ASEAN) and the European Union (EU) have successfully concluded negotiations this week on the ASEAN-EU Comprehensive Air Transport Agreement (AE CATA), the first region-to-region aviation agreement in the world.

The AE CATA aims to enhance air connectivity between ASEAN and Europe and facilitate people-to-people and business exchanges. 

The agreement will see the combined 37 member states fly any number of non-stop flights between countries in both regions.

The airlines will also be permitted to fly up to 14 weekly passenger services with one stop within the other region to pick up passengers on the return flight. There will be no limits on flights with one stop to pick up cargo.

Singapore led the negotiations for ASEAN while the European Commission (EC) led the negotiations for the European Union.

According to the Ministry of Transport, this will help support economic development in both regions as they work towards recovery from the COVID-19 pandemic. 

“In addition to air services liberalisation, the AE CATA provides for cooperation between ASEAN and the EU in areas such as aviation safety, air traffic management, consumer protection, and environmental and social issues,” the ministry said.
 

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Get Singapore Business Review in your inbox
It will apply to vaccines administered in Singapore under SAR.
Its startups may now receive up to US$250,000 investment.
The Lion City also has the highest insurance penetration amongst the six markets at 5.9%.
The bank will anchor up to US$200m or 40% of the fund size, whichever is lower.
A wholly-owned subsidiary of WeWork is occupying 56,977 sq ft of Prime’s California property.
The jobless rate during the quarter also eased, but remained elevated.
The notes are expected to be issued on June 23rd.
Its IP coverage for vaccine complications now include those approved by WHO under EUL.
The Lion City ranks 13th most expensive location for expatriates in the world.
Due to construction delays, buyers may prefer "ready-to-move-in" properties.
Wilmar International saw the sharpest decline during Thursday's trading, with a 1.52% drop.
Its skilled talent pool, logistical network, government funding and physical infrastructure helped it maintain its competitive position as a biomedical hub.
Singapore millennials were found to be more stressed than the global average.
Almost four-fifths (76%) of Singaporean consumers are not satisfied with generic credit offers from their banks, with 24% willing to offer more information in exchange for better rates or lower fees, a FICO study revealed.