Subscribe to RSSTHe Week
Construction for nat'l games to finish in 4 days
Do not entertain illegal Tibetans, says Chinese expert on Tibetology
SRC report to be first discussed in thematic committee
Gupta repeats Madhes may break ties with Kathmandu
SC stays Gachchhadar's citizenship fiat
Govt to bust brokers at Kalimati veg market
Govt, Maoists to be blamed if country blacklisted: UML
My Republica e-Paper.
Market
  Jobs
  Forex
  Stocks
  Cinema
 
Phalano by Rajesh KC
Cartoon Archive »  

Republica, Nagarik News
Archives
  Daily News
  Photo Gallery
  UCPN (Maoist) 6th Plenum
  Govt Policies & Programs
  Budget 2009/10 Speech
Tuesday WEATHER
KATHMANDU
Thunderstorms
Low 19oC
High 26oC
Sunrise 5:25 am
Sunset 6:53 pm
 
 
  Three airline companies lose AOC  
 

DINESH KARKI

KATHMANDU, Jan 18: Civil Aviation Authority of Nepal (CAAN), the regulatory body for aviation sector, has canceled the Air Operation Certificate (AOC) of three airlines after they failed to renew their periodic license.

The AOCs of Cosmic Air, Yeti International and Impro Airways were automatically annulled on January 11 as per the CAAN Regulations.

“The AOCs were annulled as these airline companies did not show any interest to renew their operating licenses,” Keshavraj Khanal, director general of CAAN, told myrepublica.com on Monday.

All these airlines had stopped operation at least a year ago, according to CAAN sources.

“They will need to pay double the required if they want to renew their AOCs,” Khanal said.

Yeti International used to operate international flights while Cosmic Air used to fly in both domestic and international sectors. Impro, which ceased operation two years ago, had MI-17 helicopter for domestic chartered flights. Yeti International, which ceased its operation in April, last year, was promoted by UAE-based Air Arabia and the group that operates Yeti Airlines, a domestic carrier.

According to CAAN provisions, the airlines must submit technical and safety audit for AOC renewals. “Since these airline companies have no aircraft for operation, there can´t be audits,” a senior official at CAAN said, adding, “It seems these companies are not interested in operating airline any more, given their lackluster attitude in renewing their operating license.”

According to CAAN sources, Cosmic Air has dues amounting to Rs 6.5 million and its Fokker aircraft has been grounded at Tribhuvan International Airport since 2006. International airline companies must furnish a fee of Rs 1 million for renewal of their operating license, while domestic carriers need to pay Rs 200,000 to Rs 400,000 - as per the weight of the aircraft.

 
Published on 2010-01-18 23:30:44
# # Share [Slashdot] [Digg] [Reddit] [del.icio.us] [Facebook] [Technorati] [Google] [StumbleUpon]

 

PLEASE DESIST FROM ATTACKING THE WRITER PERSONALLY AND BE RESPECTFUL TO OTHER READERS.

Please give your full name while posting your comments. This is not to stifle the free flow of comments but your full name will enable us to print the comments in our newspaper.

 

Three Airline Companies Lose AOC
Comment on this news #
Name
Email
Comments
   
920
 
   
 
 
Related News
More on Business & Economy
About us  |  Contact us  |  Advertise with us  |  Career   |  Terms of use  |  Privacy policy
 
Copyright © Nepal Republic Media Pvt. Ltd. 2008-10.