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Air Operator's Certificate

 
Wikipedia: Air Operator's Certificate

An Air Operator's Certificate (AOC) in Europe or an Air Carrier Operating Certificate in the US is an official document issued to an airline by its national safety regulator. It attests to the airline's competence regarding its ability to conduct a safe operation and clearly defines who is in charge of its safety oversight (normally the national aviation authority). It therefore constitutes the key link to safety oversight.

European Union

Within the European Union holders of an operating licence or air operator's certificate are allowed to carry passengers, mail and/or cargo for payment with the community territory. A licence can not be granted unless the carrier is registered in the related member state and controlled by community nationals.

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