Regional economic integration key to unlocking international air travel barriers.
International air transportation is still heavily regulated by old treaties, limiting market access and foreign ownership of airlines. Economic integration can help open up the industry by promoting cooperation and providing economic incentives for liberalization. Regional economic integration organizations can strengthen bargaining power and protect the interests of local carriers. This paper explores the economic reasons for liberalizing air transport through regional integration, discussing legal implications and policy considerations for shifting focus from states to regions.