To ensure the stable presence of companies, the National Aviation Policy has adjusted fees for various air service license categories.
According to the updated aviation policy, applicants seeking a passenger and cargo Regular Public Transport (RPT) License must provide an initial security deposit of Rs 100 million along with Rs 600 million in paid-up capital.
For those aspiring to obtain a tourism license, the updated policy mandates an initial cash security deposit of Rs 10 million along with a paid-up capital of Rs 50 million.
Applicants for Charter Service License Class – I are required to pay Rs 50 million along with an initial cash security deposit of Rs 10 million. Charter Service License Class – II demands a more substantial financial commitment, with a requirement of Rs 100 million in paid-up capital and an initial cash security deposit of Rs 20 million.
The policy also covers Aerial Work Licenses, with Class – I requiring a substantial paid-up capital of Rs 20 million and an initial cash security deposit of Rs 10 million, while Class – II demands a paid-up capital of Rs 50 million with an initial cash security deposit of Rs 10 million.
Similarly, Flying School Licenses Class – I demands Rs 10 million in paid-up capital and Rs 3 million as an initial cash security deposit, while Flying School Licenses Class – II requires Rs 20 million in paid-up capital and Rs 10 million as an initial cash security deposit.
Ground School Licenses are subject to a paid-up capital requirement of Rs 2 million and an initial cash security deposit of Rs 1 million.
Private Air Operations Class – II mandates an initial cash security deposit of Rs 10 million, and Private Air Operations Class – I requires a Rs 5 million initial cash security deposit, according to the aviation policy.
