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Air Paavuna receives preliminary approval - Gronlandsfly monopoly broken?

AIRLINE INDUSTRY INFORMATION-(C)1997-2001 M2 COMMUNICATIONS LTD

Air Paavuna, a Greenlandic airline currently under formation, has received preliminary approval from the Greenlandic authorities to operate air services in the western part of Greenland.

Although the approval does not mean that the carrier can launch its operations, there had been doubts that the authorities would give the approval as it means that the monopoly held by Gronlandsfly is broken.

The carrier has however not yet received a so-called basic concession from the aviation authority and without this permit, it will not be allowed to fly at all. To receive a basic concession, the airline has to establish all the necessary equipment and procedures for operation, such as manuals, technical and administrative departments etc. If Air Paavuna receives the concession, it has estimated that it could launch within six to 12 months.

The preliminary approval means that the carrier will now be able to look for investors.

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.END .PUB 430 >PD FEBRUARY 13, 2001 >JN AIRLINE INDUSTRY INFORMATION .PRICEDATE NOT APPLICABLE .DAY
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Publication:Airline Industry Information
Date:Feb 13, 2001
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