HEAD QUARTERS ‘Jinnah International Airport Terminal 1 Karachi 75200 ce Tel: (92-21) 924-2033, Fax: (92-21) 924.2032 aly RENEWAL OF CHARTER LICENCE CLASS-II (DOMESTIC & INTERNATIONAL! MIS AIR EAGLE (PVT) LIMITED et ee Reference Air Eagle letter No. AE(HOV/ISB-0234/4/CAA dated 27” November 2017 on the subject. 2. The Competent Authority has directed that the operators holding Charter and Aerial Work Licences of Class-lI intending to operate on Domestic & International sectors, are required to meet the loss-free paid up capital requirements, separately, for both domestic and international licences. 3. Mis Air Eagle is, therefore, directed to enhance their loss-fee paid up capital upto PKR125 Million, submission of additional amount of security deposit and bank guarantee (if opted) along with the requisite documents incorporated with SECP, for onward submission to Aviation Division in pursuance to renew Charter International Licence Class-lI also. Since, Mis Air Eagle is also holding Flying School Licence Class-ll, therefore, paid up capital requirements for them will be as under:- Calegary of Licence Required minimum | Security loss-free Paid up | Deposit Giant capital if opted) Charter Domestic Class-II___| 60 Million 50 “5.0 Charter International Class-Il__| 50 Million 5.0) 5.0 Flying School Class-II 25 Nilion [25 25 Total requirement | 125 Million 42.5 ee | — 3. Mis Air Eagle is directed to take the action for above enhancement, at the earliest. (ALTAJU MIRZA CHANGEZI) Additional Director Air Transport National Regulation for Director Air Transport & ER We roup Captain (R) Asif Hafeez Butt General Manager (Operations), Air Eagle (Pvt) Ltd, Benazir Bhutto International Airport, Islamabad (74 ye CIVIL AVIATION AUTHOR J