Milei abre los cielos y los aviones despegan
Juan Ramón Rallo
10 min, 5 sec
The video discusses the effects of Argentina's new Open Skies policy on commercial aviation, detailing the regulatory changes and their implications on the industry and economy.
Summary
- Argentina's government under Javier Miley implemented an Open Skies policy, allowing international operators to run domestic flights.
- The policy is a result of a decree that also repeals previous laws that restricted the aviation market to favor national operators like Aerolíneas Argentinas.
- The removal of these restrictions has led to an immediate increase in the number of routes offered by both national and international airlines.
- The policy is expected to lead to broader economic benefits, provided that the opposition does not obstruct the implementation of the regulatory changes.
Chapter 1
Introduction of the Open Skies policy and its approval by the government of Javier Miley.
- Commercial flights in Argentina begin to flourish following the approval of the Open Skies policy by the government.
- The policy is part of a broader regulatory opening that aims to increase economic activity.
Chapter 2
Explanation of the specifics of the Open Skies policy within the decree of necessity and urgency.
- The Open Skies policy allows any international operator to operate internal flights in Argentina.
- Article 222 of the decree incorporates Article 128 bis into the Aeronautical Code, ensuring the executive branch regulates a civil aviation policy that allows growth.
Chapter 3
The repeal of the 19030 Law and its previous impact on the aviation industry.
- The 19030 Law was replaced, which previously imposed a 50% minimum national flight mileage to Aerolíneas Argentinas, creating a de facto monopoly.
- This monopoly led to higher prices and an atrophied offer, preventing more efficient competitors from entering the market.
Chapter 4
The immediate response from various airlines following the implementation of the Open Skies policy.
- Airlines like Flybondi, JetSmart, Paranair, and Gol have announced new domestic and international routes within Argentina.
- The entry of these airlines suggests that there was previously unmet demand due to the restrictive legislation.
Chapter 5
Discussion of the potential long-term benefits of the Open Skies policy for the aviation sector and the broader Argentine economy.
- The policy could lead to a significant increase in activity and routes in the aviation sector over time.
- Other sectors that have been deregulated are also expected to see increased investment, activity, employment, and state revenues.
Chapter 6
The success of the Open Skies policy and deregulation depends on political support and the avoidance of opposition interference.
- It is vital that the opposition does not hinder the implementation of the decree and the broader project of laws aiming at economic freedom.
- If the opposition blocks regulatory openness, it could impede economic growth and prosperity.
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