The primary intention of this thesis is to examine open skies policy and its far-reaching impact on the Asia-Pacific region. / In order to achieve this, we will describe the historic evolution of economic regulation in civil air transport, which laid the foundation for an open skies regime. Moreover, the scope of an open skies regime on a global scale is addressed. Then, a detailed study of the essential elements of bilateral open skies agreements is undertaken. / Afterwards, an analysis of the current economic air transport regulation in Asia-Pacific is conducted. With the emergence of the open skies trend, most Asia-Pacific nations began to liberalize their air transport industries. Yet, bilateral agreements remain the primary means to attain this goal. / More necessarily, several Asia-Pacific countries' air transport policies will be comprehensively examined. This examination includes Japan, China, Singapore, Taiwan, South Korea, the Philippines and Australia. / Finally, a perspective for liberalization via a hybrid of bilateral and sub-regional open skies arrangements in the Asia-Pacific region is presented.

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