ARTICLE 11
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(1) The tariffs to be charged by the designated airline
of one Contracting Party for carriage to or from the
territory of the other Contracting Party shall be
established at reasonable levels, due regard being paid
to all relevant factors, including cost of operation,
reasonable profit and the tariffs of other airlines.
(2) The tariffs referred to in paragraph (1) of this
Article shall be agreed by the designated airlines of
both Contracting Parties. If appropriate, the said
airlines shall hold consultations with other airlines
operating over the whole or part of the route.
(3) The tariffs so agreed shall be submitted to the
aeronautical authorities of both Contracting Parties for
approval at least ninety (90) days before the proposed
date of their introduction. In special cases, this
period may be shortened subject to the agreement of the
said authorities.
(4) This approval may be given expressly. If neither of
the aeronautical authorities has expressed disapproval
within thirty (30) days from the date of submission, in
accordance with paragraph (3) of this Article, these tariffs
shall be considered as approved. In the event of the period
for submission being reduced, as provided for in paragraph (3),
the aeronautical authorities may agree that the period within
which any disapproval must be notified shall be less than
thirty (30) days.