Air operator's certificate

That is...

That really threw me off because it was only a few weeks ago we were talking about Vietjet operating an AOC in Australia because they're doing so well in Asia now.

We can talk about it on the podcast, but someone is deciding to be disruptive.

All right, where's the tripod? Let's get it out.

It's really sad.

I agree.

and it's going to be really bad as well as Vietjet are trying to go for their AOC.

So they have applied to CASA for an AOC under the name of Sherry Air to operate domestic routes up to 10 Boeing 737 aircraft.

No,

no, there's always, I can tell you, the Civil Aviation Authority is very busy right now with AOC applications.

So in general,

it's more of a, you know, there's challenge, but people think they are up to the challenge at least.

Capital is willing to put itself at risk in the aviation space, and I think that speaks to the ultimate in optimism.

I think there's a point that I would like to add around Kenya, where even as the policy space changed particularly, we worked a lot in 2023-24 around aviation taxes, around certainty in that area, and it was interesting that When people are seeing certain changes, they want to make investments.

And actually, in the period that some of those fairly good incentives that we had been lobbying quite hard around were given, there was actually a movement, both in the AOC space and the AMO space, and you could actually see more people, aircraft acquisitions and actually AMO operations in the country.

Yes, there was a tangible result of the policy following.