Engineering Post Report
Following are incentives and policy guidelines which have been provided in the National Aviation Policy 2019 which has since been approved at the appropriate level of the Federal Government and is being followed and implemented for improvement and betterment of aviation sector and directly and indirectly affiliated sectors.
Reduced cost of doing business: Rationalization of paid-up capital, security deposit and Pakistan Civil Aviation Authority (PCAA) charges.
East of doing business: Rationalization of aircraft age, paid-up capital regulations and License/Air Operator Certificate (AOC) regulations.
Improved facilities: Provision of state of the art infrastructure at the airports throughout the country..
Future growth: To develop maintenance, repair and overhaul (MROs), aircraft manufacturing, simulators and flight kitchen setup capacities by providing conducive/ business friendly conditions.
The outcome of NAP 2019: Contribution to economic growth would be ensured through new airlines, job creation, competitive market, better facilities, and foreign direct investment.
Tourism Promotion and Regional Integration License: Tourism Promotion and Regional Integration license has been introduced for the first time through NAP 2019 and the application form and its prerequisites/conditions of license have also been approved.
The first Tourism Promotion and Regional Integration license has been given in line with the vision of the Pakistan Government to promote tourism and socio-economic connectivity.
Many interested potential Tourism Promotion and Regional Integration licensees have been provided with guidance and facilitation to apply and sail through the process.
Pakistan Civil Aviation Authority has endeavoured to encourage foreign carriers to conclude mutually beneficial code share agreements with Pakistan International Airlines (PIA).
Any new, as well as additional traffic rights to foreign designated airlines are being awarded after due consultation with PIAC in order to support our national carrier.
To promote domestic aviation, aeronautical charges for domestic operators have been waived off effective from May 15, 2019, however, passenger based charges were waived off on June 01,2019.
