OPEN SKIES POLICY
The NCFA’s largest policy-making initiative was the Armenian Open Skies Policy. After much labour, a policy proposal based on extensive research by McKinsey & Company, was introduced in November 2013. It was agreed that the Open Skies policy would have a strong positive impact on the economy through job creation, passenger numbers, fare reductions, and establishing competitive and sustainable airline service provision in Armenia.
The introduction of Open Skies was to bring substantial change to Armenia’s aviation policy, which would positively affect the following areas: the tourism industry would benefit from the increased number of tourists; the Armenian diaspora would benefit from increased connectivity and lower prices – both in terms of private visits to Armenia and in terms of the ease of doing business; the airport would see higher airline traffic and could help attract high-frequency carriers by granting reduced fees and support; and other industry sectors would benefit from improved connectivity and an increase in business travellers.
An initial assessment of Armenia’s aviation industry and the potential development of small aviation was also performed at a later stage.