The agreement, in force since 30 March 2008, therefore relaxes restrictions on travel between Europe and the United States and potentially offers many new routes and cheaper fares for transatlantic travellers. The agreement also allows US airlines to fly between two EU destinations and allows EU airlines to travel between the US and third countries, such as Switzerland. The term « open skies » dates back to the late 1970s, when the United States began to follow air agreements with other countries. Until 1982, it had signed 23 such agreements with smaller nations, and in 1992 an important step was taken when, despite the objections of the European Union, the Netherlands signed the first « open skies » agreement with the United States. Another positive aspect of this agreement is the possibility for EU airlines to set travel prices within the market at that time. For example, if the market is over a high distance, airlines have the option to adjust their prices accordingly. Similarly, airlines can lower their prices if the market is not doing very well and the economy is not necessarily positive at the moment, so that airlines can lower their prices so that citizens can still travel and the tourism sector can still prosper. We must, however, be aware that Israel`s success is not guaranteed to all other countries. It depends on many factors, including good management of open skies policy processes. As part of the agreement, London Heathrow was open to full competition. This is the end of the exclusive right granted to only two American airlines and two British airlines (introduced in 1977 under the Bermuda II Agreement and for which UK foreign traffic rights are in effect in the United States) to fly transatlantic flights from Heathrow. These four airlines were British Airways, Virgin Atlantic, United Airlines and American Airlines. The open skies policy mainly attracts low-cost airlines, also known as low-cost airlines.
There are many in the world and their numbers are growing. These companies are known for their relatively cheap airfares and the prices of their services. With increased competition between airlines, this generally results in reduced prices for services and improved quality, which can only appeal to ordinary passengers. In November 2018, the UK reached an individual « Open Sky » agreement with the US, which will succeed the EU agreement after Brexit.  New negotiations between the EU and the US began in 2008 and resulted in the signing of a second phase agreement in 2010. This protocol builds on the first agreement and covers additional investment and market access opportunities. In addition, the framework for cooperation in regulatory areas, such as security, social aspects and in particular the environment, will be strengthened, as both sides have agreed on a specific joint environmental declaration. Regarding an agreement in which planes can fly without restrictions between two countries, « From this month, the European Union`s `open skies` agreement will come into force, meaning that any European-based airline will be able to fly from any EU city to any city within the US and vice versa. In response to the « open skies » agreement between the EU and the United States, British Airways has created a subsidiary of the same name, OpenSkies, which for the first time will be directly linked to the United States and continental Europe. Flights from New York to Brussels and Paris are expected to go into service in June 2008.
The agreement consists of certain rules that the United States and Europe must abide by. Unfortunately, some Europeans are disappointed by this agreement and feel that the rules for European airlines are stricter and more lenient towards the United States.