Costa Rica Continues Protecting TACA

Within the region Costa Ricans will continue to pay some of the highest rates for airfares in the world, while the government of Costa Rica slows down the open skies agreement with Panama.

Wednesday, September 7, 2011

The Costa Rican government’s intention is clear, according to declarations by the Deputy Minister of Air Transport, Luis Carlos Araya, outlined in an article Nacion.com: "TACA is asking us for more studies to be conducted with Panama to discuss a possible agreement and therefore we have not signed with them. Obviously, we are investigating to make sure TACA’s hub will not be affected because it is a major source of employment ... we have given them (TACA) the opportunity to bear with us on the waiting time that they are reacting to. We have been talking to them for two months and there are expectations for an improvement (in their operations). "

Implementation of an "open skies policy" between the countries will allow competition among airlines, and experience elsewhere indicates that the first result of the implementation of such agreements is lower rates, bringing immediate benefits for trade and especially for tourism.

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