Thailand: CAAT mulls revoking 4 air licences
Civil Aviation Authority of Thailand is considering revoking the aviation business licences of 4 small airlines found to have racked up exorbitant debts. The airlines are City Airways, Kan Airlines, Asian Air and Jet Asia Airways. CAAT director Chula Sukmanop said the 4 carriers were found to have serious liquidity problems and transport minister Arkhom Termpittayapaisith has instructed the CAAT to keep tabs on their operations, particularly their safety standards. The CAAT is considering whether to revoke their air operating licences, Chula said. Efforts will also be made to adjust the criteria to award AOLs and Air Operator Certificates to carriers, he noted. Chula said he instructed all the airlines to submit their financial statements by the end of next month. Some carriers have already submitted them. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2016-02-23/unaligned/thailand-caat-mulls-revoking-4-air-licences
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Thailand: CAAT mulls revoking 4 air licences
Civil Aviation Authority of Thailand is considering revoking the aviation business licences of 4 small airlines found to have racked up exorbitant debts. The airlines are City Airways, Kan Airlines, Asian Air and Jet Asia Airways. CAAT director Chula Sukmanop said the 4 carriers were found to have serious liquidity problems and transport minister Arkhom Termpittayapaisith has instructed the CAAT to keep tabs on their operations, particularly their safety standards. The CAAT is considering whether to revoke their air operating licences, Chula said. Efforts will also be made to adjust the criteria to award AOLs and Air Operator Certificates to carriers, he noted. Chula said he instructed all the airlines to submit their financial statements by the end of next month. Some carriers have already submitted them. <br/>
