Economic requirements for civil aeronautical agents authorization in the airport field.

Authorization of civil aeronautical agents in the airport field is performed according to civil aviation regulation RAC-HOC "Certifying of handling entities and entities providing services in the airports security restricted areas", approved by CAA No. 8/GEN of 17.01.2006, published in Official Journal No. 180-183/671 of 23.11.2007.

AUTHORIZATION PROCEDURE FOR HANDLING ENTITIES AND FOR ENTITIES PROVIDING SERVICES IN THE AIRPORTS SECURITY RESTRICTED AREAS
Economic evaluation of the applicant

Initial Application of the Certificate of handling entities and Certificate of the entities providing services in the airports security restricted areas

Economic requirements Meeting economic requirements by the applicant
A. Handling entities
1. Demonstration of the financial resources availability sufficient for handling works execution in safe conditions for at least 3 months, without taking into consideration the possible incomes.
  • Financial results (income and expenses) monthly planned for next 6 months from the estimated date of the activity initiation;
  • Monthly cash flow forecasted for 6 months (receipts and payments) and achievement of Business Plan;
  • Possible covering sources of the estimated necessary financial resources;
  • Financial resources available to the entity (own or borrowed) identified by the applicant;
  • Structure and size of the own sources.
2. Existence of bank confirmation regarding the solvency of the applicant and availability of sufficient funds. The extract of bank account.
3. Presentation of entity business-plan.
B. Entities providing services in the airports security restricted areas
1. Demonstration of financial resources availability sufficient for providing services in the airports security restricted areas in safe conditions for at least 3 months, without taking into consideration the possible incomes.
  • Financial results (income and expenses) monthly planned for next 6 months from the estimated date of the activity initiation;
  • Monthly cash flow forecasted for 6 months (receipts and payments) and achievement of Business Plan;
  • Possible covering sources of the estimated necessary financial resources;
  • Financial resources available to the entity (own or borrowed) identified by the applicant;
  • Structure and size of the own sources.
2. Existence of bank confirmation regarding the solvency of the applicant and availability of sufficient funds. The extract of bank account.
Validity extension/amendment of Certificate of handling entities and Certificate of entities providing services in the airports security restricted areas
A. Handling entities
1. Demonstration of the financial resources availability sufficient for handling works execution in safe conditions for at least 3 months, without taking into consideration the possible incomes.
  • Annual financial report for the previous reporting period and/or the most frequent Balance sheet and
  • Report of profit and loss of entity for the current reporting period (6 months, 9 months).
2. Existence of bank confirmation regarding the solvency of the applicant and availability of sufficient funds. The extract of bank account.
3. Presentation of the entity business-plan.
B. Entities providing services in the airports security restricted areas
1. Demonstration of financial resources availability sufficient for providing services in the airports security restricted areas in safe conditions for at least 3 months, without taking into consideration the possible incomes.
  • Financial results (income and expenses) monthly planned for next 6 months from the estimated date of the activity initiation;
  • Monthly cash flow forecasted for 6 months (receipts and payments) and achievement of Business Plan;
  • Possible covering sources of the estimated necessary financial resources;
  • Financial resources available to the entity (own or borrowed) identified by the applicant;
  • Structure and size of the own sources.
2. Existence of bank confirmation regarding the solvency of the applicant and availability of sufficient funds. The extract of bank account.