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The proposal could affect 10,000 previously exempt air operators.
Outside Europe, however, commercial partnerships between rail and air operators remain novel.
Founded 27 years ago as an aircraft charter and management firm, Gama, which is based in Farnborough, received its United Arab Emirates Air Operators Certificate last February, the only certificate awarded this year in the Emirates.
Given strong price competition among both rail and air operators, that seems highly unlikely.Cue a report by the Sunday Times earlier this month, claiming that Sir Richard is looking to can the venture.
The proposal could affect 10,000 previously exempt air operators, including not only wealthy businessmen like Microsoft's co-founder, Paul Allen, who owns a Boeing 757, but also fractional jet ownership companies and even some recreational fliers.
The economic reforms of the early 1990s that partially dismantled a socialist-style command economy that had limited economic growth to negligible levels in previous decades led to a boom in private air operators.
Similar(49)
Mr. Kandra said Comtel was solvent and still had a valid Austrian air operator's license and vowed to continue operations.
The company is now to manage a European air operator's certificate for Air Djibouti, find aircraft, provide operational management and offer technical support from its base in south Wales.
The budget carrier said it has had talks with regulators outside the UK about gaining an air operator certificate (AOC).
"I don't think we'll have any trouble getting an air operator's certificate," he said.
After its bid to buy 1time's air operator's certificate failed, it signed a deal with Edward Zuma, the son of South Africa's president, to establish a subsidiary alongside a local partner, Federal Airlines.
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