Single Aviation Market

Single Aviation Market
The ASEAN Single Aviation Market (SAM), proposed by the ASEAN Air Transport Working Group, supported by the ASEAN Senior Transport Officials Meeting, and endorsed by the ASEAN Transport Ministers, will introduce an open-sky arrangement to the region by 2015.[62] The ASEAN SAM will be expected to fully liberalise air travel between its member states, allowing ASEAN to directly benefit from the growth in air travel around the world, and also freeing up tourism, trade, investment and services flows between member states.[62][63] Beginning 1 December 2008, restrictions on the third and fourth freedoms of the air between capital cities of member states for air passengers services will be removed,[64] while from 1 January 2009, there will be full liberalisation of air freight services in the region, while[62][63] By 1 January 2011, there will be liberalisation of fifth freedom traffic rights between all capital cities.[65]