In order to qualify for an Operating Licence from the CAR, an applicant must satisfy certain requirements. These include the requirement to have its principal place of business in Ireland and its main occupation to be air transport. An applicant must also meet certain ownership and control requirements and provisions relating to insurance cover and financial fitness.
Separately, in order to be granted an operating licence from the CAR, applicants must have, and for the duration of the Operating Licence maintain, a valid Air Operator's Certificate (AOC) which is granted by the Irish Aviation Authority.
The CAR monitors compliance with the terms of the operating licence and the Licensing Regulation in a number of areas on a regular basis, including ongoing compliance with the requirements referred to above.