At a meeting of civil aviation sector officials, industry innovations and challenges were discussed.
The participants agreed on the need to create a more liberal market within the sector to increase competitiveness. The Director of the Civil Aviation Authority of Mongolia specified the need to review the industry's legal framework, which hasn't been touched in over a decade. He noted, “We need state policy support and regulation in terms of expanding international aviation relations and increasing the number and frequency of several flights.
But we need less intervention from the state in terms of fuel supply and more involvement from the private sector in this area in order to create competiveness.” The meeting's participants also discussed the possibility of separating regional airports from the structure of the Civil Aviation Authority and reviewed other possible industry reforms. Currently, only eight out of 20 airports are operational, with over 10 billion MNT in expenses generated by regular flights and only 500 million MNT in income earned.
At a meeting of civil aviation sector officials, industry innovations and challenges were discussed.
The participants agreed on the need to create a more liberal market within the sector to increase competitiveness. The Director of the Civil Aviation Authority of Mongolia specified the need to review the industry's legal framework, which hasn't been touched in over a decade. He noted, “We need state policy support and regulation in terms of expanding international aviation relations and increasing the number and frequency of several flights.
But we need less intervention from the state in terms of fuel supply and more involvement from the private sector in this area in order to create competiveness.” The meeting's participants also discussed the possibility of separating regional airports from the structure of the Civil Aviation Authority and reviewed other possible industry reforms. Currently, only eight out of 20 airports are operational, with over 10 billion MNT in expenses generated by regular flights and only 500 million MNT in income earned.