Latest News about Airlines
Vingroup announced today, January 14, to call off its project to set up Vinpearl Air even though the Ministry of Planning and Investment had just sent this project to the prime minister for approval, the local media reported.
Twenty two airports in Vietnam have the capacity equal to one airport in Thailand or Singapore. The overloaded infrastructure is affecting the aviation and tourism industries.
The Hanoi-HCM City air route has become one of the world’s busiest air routes while the overloading problems still haven't been solved.
The Ministry of Transport held a roundtable to discuss the possibility of direct flights to the US, and the opportunities and challenges facing the Vietnamese aviation sector.
The number of aircraft in Vietnam and Asia Pacific is expected to double in the next 20 years, increasing demand for aviation services.
After several hopeful years, new legal improvements on air carriages and airport enterprises will take effect from early next year.
Buoyed by the upcoming increase in foreign ownership limit, international investors will be offered expanded opportunities to explore the lucrative Vietnamese aviation industry.
Bamboo Airways will receive its first wide-body Boeing 787-9 Dreamliner at Noi Bai International Airport in December, the first of many such aircraft to join its fleet at the end of 2019 and early 2020.
The newest carrier Bamboo Airways on-time performance rate reached 93.9% in the first ten months of this year, the highest among domestic airlines.
The new players to the aviation market are also setting eyes on the hugely profitable on-ground airport services.
The Vietnamese aviation market grew slowly in the first half of 2019, falling far short of the double-digit average growth in 2013-2018.
Both Vietnam Airlines and Vietjet have had to change their policy on air tickets for the 2020 Tet season because of the presence of Bamboo Airways, a ‘rookie’ in the aviation market.
Six airlines have licenses to operate, while two airlines have applied for licenses at state management agencies.
Many flights have been cancelled or delayed on July 3 and 4 due to the storm Mun.
Vietnam Airlines will have an additional 78,000 seats on international and domestic routes during the Reunification Day and Labour Day holidays.