Its Asia Pacific vice-president says Mavcom is important in providing oversight in the aviation industry. FMTNews IAA CAAM Mavcom
The International Aviation Authority says Mavcom, as an an independent economic regulator, ensures competition and growth in the industry.
He said the aviation body also ensured competition and growth in the industry through its position as an independent economic regulator, joining the likes of Australia, Italy and France, among others. Loke said Mavcom can still operate independently for at least another six months before its consolidation with CAAM as it would take a few months for the government to repeal and amend some laws, discuss the structure, and how to transfer Mavcom’s role to CAAM.
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