International Air Transport Agreement Law and Legal Definition

International Air Transport Agreement refers to an international agreement on the liberalization of the international air transportation. It is also known as the Five Freedoms Agreement. It affirms, in addition to the two freedoms covered by the International Air Services Transit Agreement, three other freedoms of the air. Three freedoms provided by the International Air Transport Agreement are:

(1) freedom to transport passengers and cargo from an aircraft's homeland to other countries;

(2) freedom to transport passengers and cargo from other countries to an aircraft's homeland;

(3) freedom to carry air traffic between countries other than the aircraft's homeland.