LONDON, March 3 (UPI) -- European and U.S. negotiators are opening up the transatlantic airspace to more airlines, which should translate to lower fares, it was reported Saturday.
The Times of London reported that negotiators have agreed to open up commercial routes between the United States and Europe, which will add discount carriers and spark competition among the airlines.
Currently, only British Airways, Virgin Atlantic, American Airlines and United operate transatlantic commercial flights, the Times reported. Now, the route will be open to any airline.
While most of the European Union is eager to open up the skies, the British government has indicated it may try to change the negotiated deal.
"We would like to stress that a final deal has not yet been reached. We have always said that we wanted to see an agreement which was balanced, meaningful and robust," a statement from the transportation department said.
A spokeswoman for British Airways was even more direct.
"We don't feel this is a good deal for the EU or Britain," the BA spokeswoman told the Times.
