IFTH FREEDOM" RIGHTS AND THE FUTURE OF THE INTERNATIONAL AIR CARGO BUSINESS
1 - INTRODUCTION .............................. 1
Background on Issue ....................... 1
Problem Statement ......................... 1
2 - INTERNATIONAL AIR CARGO INDUSTRY .......... 2
Development and Current Status ............ 2
Future Potential .......................... 5
3 - INTERNATIONAL LANDING RIGHTS .............. 6
Background on Policies .................... 7
"Fifth Freedom" Rights .................... 9
Potential to Affect International Air
Cargo Business ............................ 10
4 - SUMMARY AND CONCLUSION .................... 13
Summary of Findings ....................... 13
Conclusions ............................... 13
WORKS CITED ........................................ 14
"FIFTH FREEDOM" RIGHTS AND THE FUTURE OF THE INTERNATIONAL AIR CARGO BUSINESS
This research examines the issue of "fifth freedom" rights, together with the potential for this issue to affect the future of the international air cargo business. Background on the issue and a problem statement are presented in the following sub-sections of this introduction.
The increasing globalization of economic activity is leading to substantial and steady increases in demand for international air cargo services. The efficient and timely provision of such services is dependent in large part on the access to global markets by international air cargo carriers. Such access, in turn, is highly dependent upon what are referred to as "fifth freedom" rights. A "fifth freedom" right allows an air transportation carrier from one country to on-load either or both passengers and cargo in a second country and deliver either or both those passengers and cargo to a third country. Many countries re...