The Department for Transport (DfT) said the agreement will replace the current US-EU open skies treaty once Britain leaves the union on March 29.
It is one of nine bilateral air services arrangements secured by the government to replace it with the others being for Albania, Georgia, Iceland, Israel, Kosovo, Montenegro, Morocco and Switzerland.
The DfT added the political declaration between the UK and EU also provides for a comprehensive air transport agreement to ensure connectivity for passenger and cargo flights through market access for UK and EU airlines.
However, the agreement is yet to be ratified by Parliament where many MPs have vowed not to back the deal.
