Recital 1

(1)A number of substantial changes are to be made to Council Regulations (EEC) No 2407/92 of 23 July 1992 on licensing of air carriers ⁴ , (EEC) No 2408/92 of 23 July 1992 on access of Community air carriers to intra-Community air routes ⁵ , and (EEC) No 2409/92 of 23 July 1992 on fares and rates for air services ⁶ . In the interests of clarity, these Regulations should be recast and consolidated into one single Regulation.