Proposal for a COUNCIL DECISION on the signing, on behalf of the European Union, and on the provisional application of the Agreement with Respect to Time Limitations on Arrangements for the Provision of Aircraft with Crew between the United States of America, the European Union, Iceland, and the Kingdom of Norway
1. These documents propose the signature, provisional application and conclusion on behalf of the EU of the Agreement with Respect to Time Limitations on Arrangements for the Provision of Aircraft with Crew between the United States of America, the European Union, Iceland, and the Kingdom of Norway. Such arrangements are known as “wet leases”. The agreement would remove all time limitations on wet leases between EU, Icelandic, Norwegian and US airlines. The agreement is referred to as the “Wet Lease Agreement” in this Explanatory Memorandum.
2. The EU-US Air Transport Agreement (EU-US ATA) foresees an open wet-lease regime between the parties. The purpose of the Wet Lease Agreement is to resolve uncertainty concerning the application of the wet lease provisions of the EU-US ATA by abolishing time limitations for wet lease arrangements affecting EU, Icelandic, Norwegian and US air carriers. The Wet Lease Agreement is in line with EU legislation on wet leasing: Article 13(3)(b) of Regulation (EC) No 1008/2008, as recently amended by Regulation (EU) 2019/2, provides for the lifting of time restrictions by means of an international agreement on wet leasing signed by the EU, which is based on an EU Air Transport Agreement signed before 1 January 2008.