Glossary of Airline Terminology

Chicago Agreement

These types of agreements are patterned on the standard-form bilateral international Air Transport Agreement drafted at the conference convened in Chicago in 1944 to establish a multilateral arrangement for international civil aviation. The bilateral form was drafted as a suggested interim measure, pending conclusion of a multilateral exchange of traffic rights, which never materialized. A Chicago agreement provides a general operating framework but, unlike other types of air transport agreements, does not include pricing or capacity arrangements.

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