ABSTRACT
The airline needs to have sufficient financing and cash available, and also needs a minimum financial solidity, ensuring that it can fulfil its financial obligations. The airline has on its payroll a sufficient number of trained and experienced licensed pilots and mechanics. The airline needs to have a specified minimum number on the payroll, so not on a freelance basis. The airline management is proven capable and well organized. The Air Operator Certificate (AOC) stipulates minimum requirements as to the organization of the airline, including appointment of the accountable manager(s) within that organization. An AOC-holding airline needs to have an integrated Safety Management System (SMS) in place. An SMS is meant to optimize the safety of operation of the airline. Airlines in return are obliged to ensure that their aircraft are maintained and repaired by certified Maintenance, Repair and Overhaul companies.
