(1) The Board, in considering applications for air transport licences or permits, shall have regard to any regulation made pursuant to section 52 and to the following matters:
(a) the existence of other air services in the area through which the proposed services are to be operated;
(b) the existing or potential need or demand for any services proposed;
€ the degree of efficiency and regularity of the air services, if any, already provided in that area, whether by the applicant or by other operators;
(d) the period for which air transport services have been operated by the applicant or by other operators;
€ the extent to which it is probable that the applicant will be able to provide a satisfactory service in respect of safety, continuity, regularity of operation, frequency, punctuality, reasonableness of charges and general efficiency;
(f) the financial resources of the applicant and any capital or other expenditure reasonably incurred, or any financial commitment or commercial agreement reasonably entered into in connection with the operation of aircraft or air transport services by any person (including the applicant) who is the holder of any air services licence or permit already granted;
(g) the type of aircraft to be used;
(h) any unfair advantage of the applicant over other operators by reason of the terms and conditions of employment of persons employed by him or her; and
(i) any objections or representations duly made in accordance with the Act.
(2) The Board shall not be required to consider any objection or representation which in its opinion is frivolous or vexatious.