Transatlantic travelers should be treated to lower costs and increased offerings, thanks to the "Open Skies" agreement signed yesterday between the US and the EU.

The historic deal allows any American airline to fly into Europe and any European airline to fly into the states. American planes can also travel between European countries, although European planes can't travel between US states.

What can we say, pretty sweet. — BEN POPKEN

Open Skies Deal Signed [AP via Upgrade: Travel Better]
(Photo: Ben Popken)