Fares and rates. 1. The Parties shall permit fares and rates to be freely established by the air carriers of the Parties on the basis of free and fair competition. 2. Either Party may require, on a non-discriminatory basis, notification to its competent authorities of fares and rates offered for services originating from its territory by air carriers of both Parties on a simplified basis and for information purposes only. Such notification by the air carriers may be required to be made no earlier than the initial offering of a fare or a rate.
Appears in 6 contracts
Samples: Air Transport Agreement, Agreement on Air Transport, Air Transport Agreement