Thai air law boosts safety regulations, opens door to foreign ownership
A new law covering the regulation of the aviation sector in Thailand is set to go into effect around August or September. The law, which was approved by the Thai cabinet Feb 21 and is now being considered by the country’s parliament, is intended to strengthen safety regulation while also allowing foreign investment in Thai aviation companies. The legislation will replace the outdated 1954 Civil Aviation Act and, significantly, it will give greater impetus to the implementation of international safety standards by the Civil Aviation Authority of Thailand. “It’s going to help us speed up the implementation of ICAO standards,” CAAT director general Chula Sukmanop said Monday, explaining that the agency would have the power to directly issue ICAO-based regulations rather than having to submit each one for parliamentary approval. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2017-02-28/general/thai-air-law-boosts-safety-regulations-opens-door-to-foreign-ownership
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Thai air law boosts safety regulations, opens door to foreign ownership
A new law covering the regulation of the aviation sector in Thailand is set to go into effect around August or September. The law, which was approved by the Thai cabinet Feb 21 and is now being considered by the country’s parliament, is intended to strengthen safety regulation while also allowing foreign investment in Thai aviation companies. The legislation will replace the outdated 1954 Civil Aviation Act and, significantly, it will give greater impetus to the implementation of international safety standards by the Civil Aviation Authority of Thailand. “It’s going to help us speed up the implementation of ICAO standards,” CAAT director general Chula Sukmanop said Monday, explaining that the agency would have the power to directly issue ICAO-based regulations rather than having to submit each one for parliamentary approval. <br/>
