Artikel 8

1. Rates shall be fixed at reasonable levels, due regard being paid to all relevant factors, including cost of comparable economical operation, reasonable profit and differences of characteristics of service.
2. The rates to be charged by the designated airline of each Contracting Party in respect of traffic carried under this Agreement to or from the territory of the other Contracting Party shall be agreed in the first instance between the designated airlines of both Contracting Parties and shall have regard to relevant rates adopted by the International Air Transport Association. Any rates so agreed shall be subject to the approval of the Aeronautical Authorities of both Contracting Parties.
In the event of disagreement between the Airlines and/or the Aeronautical Authorities the Contracting Parties themselves shall endeavour to reach Agreement and will take all necessary steps to give effect to such Agreement. Should the Contracting Parties fail to agree, the dispute shall be dealt with in accordance with Article 11. Pending settlement of any disagreement, the rates already established shall prevail.