US Markets

DJIA11430.21chart+12.78
NASDAQ2380.38chart-8.70
S&P 5001277.72chart+3.18
2008-08-21 16:07

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FTSE5370.20chart-1.60
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2008-08-21 11:35

Commodity Futures

Oil114.98chart+0.45
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2008-08-20 14:48

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13 Weeks1.69chart+0.01
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2008-08-21 14:59

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2008-08-21 18:10

Open skies deal comes into effect

The long-awaited “open skies” agreement between the US and European Union is coming into effect, aiming to open up trans-Atlantic air travel.

The deal ends limits on which airlines can fly between the US and EU, and it is expected to lead to a large rise in the number of carriers on the routes.

However, changes at big airports such as Heathrow will be minimised by the limited availability of take-off slots.

New trans-Atlantic services are likely to use smaller airports instead.

[Source]

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