1. — Regulation (EC) No 1008/2008 of the European Parliament and of the Council of…

1.

Regulation (EC) No 1008/2008 of the European Parliament and of the Council of 24 September 2008 on common rules for the operation of air services in the Community (Recast) (Text with EEA relevance) · European Union

The competent licensing authority shall closely assess whether an undertaking applying for the first time for an operating licence can demonstrate that: it can meet at any time its actual and potential obligations established under realistic assumptions, for a period of 24 months from the start of operations; and it can meet its fixed and operational costs incurred by operations according to its business plan and established under realistic assumptions, for a period of three months from the start of operations, without taking into account any income from its operations.

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Source: EUR-Lex (Cellar) · retrieved 2026-10-30 · Text as adopted (Official Journal); later amendments are not incorporated in this text.