Common Contracts
1 similar Asean Multilateral Agreement on Air Services contracts
Adi KusumaningrumAsean Multilateral Agreement on Air Services • December 20th, 2013
ASEAN Single Aviation Market 2015, is a policy that has been agreed by all ASEAN member countries. This agreement called ASEAN Multilateral Agreement on Air Services (ASEAN MAAS) and was signed on May 20, 2009 in Manila, Philippines. Despite the many advantages and potential benefits from the open sky policy, the government should be aware of the threat in the ASEAN aviation market, such as the market share of domestic flights among domestic and foreign airline in this region. Futhermore, control foreign investment in the field of air transport in Indonesia is weak, thus opening the possibility of smuggling investment law through the establishment of an Indonesian legal entity. Cabotage principle objective is maintaining and protecting the political and economic interests of the country. Application of the principle of cabotage could be operationally flexible, as long as the country's strategic interests is maintained and protected. Aviation services in Indonesia is currently considere
