The aviation office in the United States is looking for ways to seal a deal with Cuba so as to ensure that the flights to the latter can take off with an immediate effect. The U.S. state officials are expecting to kick off these flights before undertaking the first conversation since March 2015. This is most likely to benefit the U.S. carriers, JetBlue Airways Corporation (NASDAQ:JBLU) and American Airlines Group Inc (NASDAQ:AAL).
As more Americans have showed their interests in travelling across the Cuban island, the U.S. air carriers mentioned above are expecting that there would be more demand and revenue.
The U.S.-Cuba Relations
The U.S. has a scheduled convention with Cuba in Havana from 28 September 2015 to 29 September 2015. Both the countries have been witnessing staled relations since 1959 revolution of Cuba. The hostile relations have however started inching towards normality after over 50 years. In the summer of this year, both the countries restored their diplomatic ties by commencing the embassies. It must be noted that Cuba and the U.S. have already had worked out on a co-operation to adjust charter U.S. airlines towards Cuba for the specialist group.
Expected Discussions between the U.S. and Cuba
During the convention, the two nations are expected to hold conversation on following issues:
Safety and security in the air
Cuba’s operations are most likely to be signed off by the U.S. Federal Aviation Administration and Transportation Security Administration
U.S. might address with Cuba, the potential of its state-owned air carrier named Cubana de Aviación, to share with the U.S. airlines, its flight codes.
The officials in the U.S. also explained that Cuba is apprehending the fact that flying Cubana de Aviación to the U.S. may be challenging since individuals claiming them as their property may be there. These individuals may tell Cuba that the planes being flown on the U.S. airways under the Cubana de Aviación name are actually the ones stolen from them during the revolution.
In the meanwhile, the U.S. has already passed new set of rules for making trade, investment restrictions and travel to Cuba easier.
