aviation market

Update news aviation market

Investors are queuing up to enter the aviation market with trillions dong worth of capital, which is expected to remap the market.

Vietnam's aviation authority questions fleet expansion

All Vietnamese airlines want to increase the number of aircraft they use, but the Civil Aviation Authority of Vietnam (CAAV) has not agreed to the fleet expansion plans.

On-ground airport services: new battlefield

The companies that provide on-ground services at airports are making big profits and do not want air carriers to take them over.

Vietnam’s aviation market heats up with new carriers

Vietnam will catch up with Thailand in the number of domestic air carriers, just second to Indonesia, when all air carriers that have applied for a license begin operation.

More airlines want to take off, though market growth slows

The Civil Aviation Authority of Vietnam (CAAV) has affirmed that Vinpearl Air and Vietravel can meet the requirements for submission to the PM for approval.

New airlines may put pressure on Vietnam's airport infrastructure

The local aviation market is booming as several new airlines have entered the market, provoking concern over how major airports in the country can handle sudden rises in passengers and aircraft movements.

 

Aviation market growth soars as airlines continue to expand

Vietnam’s airlines have been buying more aircraft, expanding fleets and opening new air routes in recent years at a rapid pace.

Is Vietnam facing a fuel shortage in the aviation industry?

VietNamNet Bridge - Vietnam’s jet fuel demand is predicted to soar this year with the continued hot development of the travel industry. 

Aviation infrastructure promises attractive profits for investors

VietNamNet Bridge - Both state-owned and private businesses are eyeing aviation infrastructure projects, which are believed to bring high profits thanks to increasingly high travel demand.

Transport Ministry clears up questions about pending Vietstar Airlines

 The Ministry of Transport held a press briefing on April 6 to clear up some questions around the granting of an aviation transport business licence for Vietstar Airlines to operate as a passenger carrier.

Vietnam to have new airline named Vietstar

VietNamNet Bridge - The Ministry of Transport (MoT) has asked the Prime Minister’s permission to grant an air transport license to Vietstar Airlines Multirole Corporation (Vietstar Airlines).

Low-income earners travel by air as aviation market competes on fares

 VietNamNet Bridge - To gain market dominance, domestic airlines have to compete on fares but they also have to face extreme problem of profit margins.

Competition increases in Vietnam’s aviation sector

Growing demand for air travel during national holidays, especially the lunar New Year (Tet) has heated up competition in Vietnam’s aviation sector.

Vietnam's aviation boom demands better

 VietNamNet Bridge – The rapid growth of the aviation market makes better air transport infrastructure and greater financing and knowhow imperative.

Vietnam Airlines battles with ‘upstart’ Vietjet

VietNamNet Bridge - The Vietnamese aviation market is witnessing stiff competition between Vietnam Airlines, the national flag air carrier, and Vietjet Air, the emerging player. Jetstar Pacific is also a formidable rival.

MOT wants a more competitive aviation market

 VietNamNet Bridge – Jetstar Pacific, the first low-cost airline in Vietnam, will split from Vietnam Airlines, with the State still holding the controlling stake after equitization, a step of the plan to create a competitive aviation market.

Aviation sector attracts bankers

 VietNamNet Bridge – Injecting money into airlines is not the choice of short- term investors, but airlines’ shares are very attractive in the eyes of bankers, even though the ratio of profit of revenue is not high.

Fair competition in aviation market could benefit Vietnam’s aviation sector

 VietNamNet Bridge - Low-cost carriers dominate the aviation industry in Southeast Asia, such as in Malaysia and Singapore, but the playing field is still not level for budget airlines in Vietnam.

European airlines cannot fly high in Vietnamese sky

 VietNamNet Bridge – With their low-airfare policies, air carriers from the Middle East are proving to be formidable rivals to Air France, Vietnam Airlines and other Asian airlines in the Vietnamese market.

VN aviation market: budget airlines gain the ground

 VietNamNet Bridge – The aviation market is at the development stage when the winners are the ones who have lower management costs. Budget airlines have gained the upper hand.