Under new policy, age limit of airpla­nes taken on lease will be raised to 18 yearsISLAMABAD: The Civil Aviation Authority (CAA) has finalised the National Aviation Policy 2019, after consultation with all stakeholders. According to sources, it has been suggested to abolish CAA charges on domestic flights and reduce charges on international flights by 25%. CAA proposes to soften aviation policyRegarding international investment, it has been decided not to change the shareholding set in the previous policy. According to sources, the decision to maintain the previous condition was taken due to the reservations expressed by Pakistan International Airlines (PIA), Airblue and Serene Airlines. According to the condition, international airlines will be permitted to do business in Pakistan only with 49% shareholding.

Source: The Express Tribune March 06, 2019 03:33 UTC