News Content
New Pakistani policy: Open skies likely to generate huge airport revenues
PAKISTANI airports are expected to generate huge revenues as more and more airlines touch down there thanks to the new aviation policy, reports Karachi's Express Tribune.
Under the Aviation Policy 2015, the Civil Aviation Authority (CAA) will liberalise air services agreements with 17 countries at the UN's International Civil Aviation Organisation's (ICAO) Air Services Negotiation Event held in Turkey.
This is the first step to make the operations framework attractive for the airlines of other countries and making aviation activities more lucrative in Pakistan.
These countries included Azerbaijan, Bulgaria, the Czech Republic, European nations represented by the European Commission, Ireland, Malta, Morocco, New Zealand, Oman, Qatar, Rwanda, Serbia, Sri Lanka, South Korea, Turkey, the UAE and Vietnam.
Protectionism and restricted market access have been the main hurdles to the growth in the country's aviation sector. The new policy rightly addresses the problem by making air services agreements more liberal, ensuring greater business freedom, higher levels of customer satisfaction and greater micro and macro-economic growth in the aviation domain.
Furthermore, the open skies policy for other countries based on the principle of reciprocity is bound to give a boost to aviation activities in Pakistan.
Apart from the bilateral air services agreements, Pakistan being a member of the D-8 is also negotiating multilateral agreements that will permit liberal air services between member states.
Under the Aviation Policy 2015, the Civil Aviation Authority (CAA) will liberalise air services agreements with 17 countries at the UN's International Civil Aviation Organisation's (ICAO) Air Services Negotiation Event held in Turkey.
This is the first step to make the operations framework attractive for the airlines of other countries and making aviation activities more lucrative in Pakistan.
These countries included Azerbaijan, Bulgaria, the Czech Republic, European nations represented by the European Commission, Ireland, Malta, Morocco, New Zealand, Oman, Qatar, Rwanda, Serbia, Sri Lanka, South Korea, Turkey, the UAE and Vietnam.
Protectionism and restricted market access have been the main hurdles to the growth in the country's aviation sector. The new policy rightly addresses the problem by making air services agreements more liberal, ensuring greater business freedom, higher levels of customer satisfaction and greater micro and macro-economic growth in the aviation domain.
Furthermore, the open skies policy for other countries based on the principle of reciprocity is bound to give a boost to aviation activities in Pakistan.
Apart from the bilateral air services agreements, Pakistan being a member of the D-8 is also negotiating multilateral agreements that will permit liberal air services between member states.
Latest News
- For the first time, tianjin Port realized the whole process of dock operati...
- From January to August, piracy incidents in Asia increased by 38%!The situa...
- Quasi-conference TSA closes as role redundant in mega merger world
- Singapore says TPP, born again as CPTPP, is now headed for adoption
- Antwerp posts 5th record year with boxes up 4.3pc to 10 million TEU
- Savannah lifts record 4 million TEU in '17 as it deepens port
