Economic and financial supervision
Certification and supervision of air operators
Economic and financial information required to obtain an Air Operator Certificate (AOC) and for the continuous supervision of AOC holders.
1. Commercial air transport
Obtaining an Air Operator Certificate (AOC)
To obtain an Air Operator Certificate (AOC) issued by the CAA, the aviation agent shall provide and take into account the economic and financial information specified in:
| ORO.AOC.100 | Application for an Air Operator Certificate Regulation on the establishment of technical requirements and administrative procedures for air operations, approved by Government Decision No. 612 of 01.09.2022. |
| AMC | Acceptable Means of Compliance – recommended structure of the business plan for air operators The AMC document is available in the Legal Framework / AMC section. |
Supervision of AOC holders
The CAA evaluates the financial results of an air operator to which it has granted an Air Operator Certificate by requesting the relevant information stipulated in:
| Art. 11(5) | Article 11(5) of the Air Code No. 301 of 21.12.2017 Official Monitor No. 95-104/189 of 23.03.2018. |
| ARO.GEN.302 | Economic supervision of the holder of an Air Operator Certificate and of the holder of an authorisation for specialised commercial operations Regulation on the establishment of technical requirements and administrative procedures for air operations, approved by Government Decision No. 612 of 01.09.2022. |
| PIAC-OPS | Civil Aviation Procedures and Instructions for the conduct of air operations In the part concerning continuous economic and financial supervision. |
Continuous supervision programme
The continuous economic and financial supervision programme is based on an assessment of the risks associated with each aviation agent and is carried out by the Economic Supervision and Financial Management Department on the basis of normative acts, including subordinate technical documents, as well as internal procedures approved for their implementation.
2. Aerial work operations
The economic and financial certification and supervision process for an air operator wishing to conduct aerial work operations is described in:
| PIAC-OPS · SPO | Part SPO of the PIAC-OPS procedures Civil Aviation Procedures and Instructions for the conduct of air operations. |