between New York and Bournemouth that October. Pan Am announced its own DC-4 service in October 1945 at prices less than 50% of the previous flying boat fares, which led the British government to pressure both Pan Am and the US government to back away from what Britain described as a "wholly uneconomic proposition." The US and UK governments agreed in late 1945 to meet and discuss the terms of a bilateral aviation agreement. Bermuda was chosen to host the meeting due to its location between the two countries and isolation from their respective governments. In a sign of the rapidly advancing technology of the time, the British delegation arrived in January by Boeing 314 flying boats, and departed in February by Lockheed 049 Constellation pressurized landplanes. Key terms Unlike the existing bilateral and multilateral aviation agreements, the Bermuda Agreement defined specific routes on which each countries' carriers could fly, with the right to pick up or discharge international traffic (but no cabotage rights) at any point along the routes: British carriers: London – New York – San Francisco – Honolulu / Midway / Wake / Guam / Manila – Singapore / Hong Kong London – New York – New Orleans – Mexico London – New York – Cuba – Jamaica / Panama – Colombia / Ecuador / Peru / Chile United States carriers: US points – London – Netherlands / Germany / Scandinavia / Russia US points – London – Belgium – Central Europe – Near East – India Honolulu – Hong Kong – China / India Honolulu – Hong Kong – Singapore – Netherlands East Indies The inclusion of many fifth freedom routes (beyond the United States and British Isles) reflected the fact that many territories such as Hong Kong, Singapore and India were still British colonies at the time the agreement was signed, and that many third countries were eager for air service and willing to provide rights to British and American carriers without restrictions. As a compromise on the capacity issue, the Bermuda Agreement provided for equitable principles that "there shall be a fair and equal opportunity for the carriers of the two nations to operate on any route between their respective territories (as defined in the Agreement) covered by the Agreement and its Annex" and that "in the operation by the air carriers of either Government of the trunk services described in the Annex to