The ‘Washington Declaration’ in a nutshell:

l Liberalisation of ownership rules to allow airlines access to global capital markets; l Economic regulation of airport and air traffic services (ATS) providers to eliminate monopoly practices; l Increased co-operation and standardisation between national competition authorities; l Government restraint in imposing discriminatory taxes and fees on the aviation industry; l Protecting consumer interests served by industry standardisation from unilateral government measures; l Governments to assume their responsibility for security and the associated costs.