New airline policy could benefit several economic sectors in Ecuador

Improved air connectivity, increased tourism, and economic growth are the potential benefits of a new Open Skies policy adopted recently by the federal government. Under Open Skies, the government will negotiate a reduction in air travel regulations and fees with countries around the world. President Lenin Moreno signed an Executive Order (Decreto Ejecutivo 256) on December 27 allowing the liberalization of the air transport rules in the country. According to the newspaper El Telegrafo, the presidential decree will allow for an increase in the number of international airlines operating in Ecuador. The government says that increased competition between airlines is…

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