Theresa May`s Brexit deal with Brussels stipulates that Britain and the EU have agreed to negotiate a “comprehensive air deal” for flights between the UK and the EU during the planned transition period, but it would not apply if the UK left the EU without a deal. Not only does the new agreement keep the market open between the US and the United Kingdom, but it also supports European ownership and control of British airlines – and provides airlines, which are increasingly multinational, with the necessary security. The MOC also recognizes the authority and “long-standing practice” of the U.S. Department of Transportation to waive ownership and control standards for limited purposes when all countries involved are open ski partners. The new agreement and the recently announced agreement between the UK and Canada on “open skies” allow the UK to focus on the more sensitive issue of reaching an agreement with the EU. U.S. and British officials officially signed a new open skies agreement on Tuesday that guarantees that airlines in both countries will continue to have unfettered flight rights between the two countries after the end of the 11-month transitional period for Brexit on December 31. The “open skies” agreement between the EU and the United States is an agreement on air services between the European Union (EU) and the United States. The agreement allows any Airline of the European Union and any airline of the United States to fly between every point of the European Union and any point of the United States. EU and US airlines are allowed to travel to another country after their first stop (fifth freedom). Since the EU is not considered a single zone within the meaning of the agreement, this in practice means that US airlines can fly between two points in the EU as long as this flight is the continuation of a flight that started in the US (. B for example, New York – London – Berlin). EU airlines can also fly between the US and third countries that are part of the common European airspace, such as Switzerland.
EU and US airlines can fly all-cargo under the 7th Freedom Rights, which means that all-cargo flights by US airlines can be operated by an EU country to any other EU country and all-cargo flights can be operated by EU airlines between the US and any other country.  Norway and Iceland joined the agreement from 2011 and their airlines enjoy the same rights as THE EU airlines.  The importance of this agreement is not what it provides, but what it avoids. First, and most importantly, it prevents a return to the 1977 Bermuda II agreement, which limited the number of airlines, flights and capacity between countries. Under the new agreement, U.S. and U.K. airlines will continue to determine the extent of their services between the two countries, leaving the market to determine which services are needed.