Vinpearl Air, Vietravel Airlines get nod from watchdog agency

In a proposal to the Ministry of Transport (MOT) to establish an air carrier, Vinpearl Air owned by billionaire Pham Nhat Vuong said it wants to choose Noi Bai as the base airport.

In the case of Vinpearl Air, Dinh Viet Thang, head of the Civil Aviation Authority of Vietnam (CAAV), said "there is no doubt about Vingroup’s capability to organize an air carrier".

Vinpearl Air, Vietravel Airlines get nod from watchdog agency



He also said that with six aircraft by 2020 and 10 aircraft by 2021, it will be still within the capability of Noi Bai.

As for Vietravel Airlines, which chose Phu Bai as the base airport, CAAV also thinks this is feasible.

According to CAAV’s deputy head Vo Huy Cuong, in the first phase of operation, Vietravel will use three aircraft, so the demand for parking slots will not be high.

Cuong hopes that when Vietravel Airlines expands its fleet and has six aircraft, the infrastructure will be better. Moreover, Vietravel mostly provides chartered flights in non-rush hours. 

There are no more slots for airlines in ‘golden hours’ at Noi Bai and Tan Son Nhat.

However, a representative of CAAV affirmed that there are no more slots for airlines in ‘golden hours’ at Noi Bai and Tan Son Nhat.

 


While Bamboo Airways, Vinpearl Air and Vietravel Airlines have obtained a license, Vietstar Airlines faces problems.

The owner of Vietstar Airlines has sent documents to the Ministry of Transport and Prime Minister to ask for licensing, but still has not got the nod.

The reason cited to explain the tardiness in licensing is that the air carrier has chosen Tan Son Nhat in HCM City as the base airport. The key airport in the south is in a state of overloading.

However, a representative of Vietstar Airlines said the carrier has adjusted its business plan and would only use 10 aircraft from now to 2021, of which only five would park at Tan Son Nhat in 2018-2020.

He said the airline now has two aircraft maintenance hangars belonging to a company of the same group. This allows its five aircraft to park overnight at the time when the airport lacks parking slots.

However, it is still unclear why Vietstar Airlines has not obtained the license to fly and has been told to wait until T3 terminal of Tan Son Nhat is expanded.

“We have had to wait 10 years and we have prepared finances, labor force and services, but we still cannot obtain the license to fly, ” he complained. "It is unclear when the T3 expansion will be done."

Thanh Lich

Vietnam’s airlines industry still lacks a large number of pilots

Vietnam’s airlines industry still lacks a large number of pilots

Great pressure is being placed upon the airlines industry’s manpower as a consequence of ambitious schemes to expand aviation fleets and open more runways to cater to new airlines.  

Vietnam Airlines to halt broadcasting at domestic terminal

Vietnam Airlines to halt broadcasting at domestic terminal

Tan Son Nhat Airport will stop broadcasting flight information at its domestic terminal from October 2019 after halting broadcasts from its international terminal in July 2019, according to Vietnam Airlines.  

 
 

Other News

.
Quang Ninh looks to become a strong marine-based economic hub
Quang Ninh looks to become a strong marine-based economic hub
BUSINESSicon  13/02/2021 

The northern province of Quang Ninh has outlined key measures to develop its marine-based and coastal economy, with a focus on eco-friendly tourism, maritime services, and coastal industry.

Vietnam automobile industry on recovery path despite Covid-19
Vietnam automobile industry on recovery path despite Covid-19
BUSINESSicon  13/02/2021 

Vietnam’s rising income per capita would soon move cars from a luxury product with a passenger vehicle density of 34 per 1,000 to a more ordinary one with a density level comparable to countries in the region.

Real estate appeal remains amid tumult
Real estate appeal remains amid tumult
BUSINESSicon  13/02/2021 

Vietnam has more real estate investment opportunities than other more mature Asia-Pacific markets, though certain difficulties remain.

VIETNAM BUSINESS NEWS FEBRUARY 13
VIETNAM BUSINESS NEWS FEBRUARY 13
BUSINESSicon  13/02/2021 

 Vietnam receives foreign cargo ships on first day of Lunar New Year

Domestic coffee exporters expect a promising year
Domestic coffee exporters expect a promising year
BUSINESSicon  13/02/2021 

Vietnam’s coffee exports are expected to have a good start to 2021 after a gloomy year due to the severe impacts from the COVID-19 pandemic, according to industry insiders.

2021 GDP to grow 6.72 pct. in optimistic scenario: NCIF
2021 GDP to grow 6.72 pct. in optimistic scenario: NCIF
BUSINESSicon  12/02/2021 

The National Centre for Socio-Economic Information and Forecasting (NCIF) has released a forecast on Vietnam’s economic performance in 2021, with GDP growth of 6.72 percent and CPI of 4.2 percent under an optimistic scenario.

Silver lining found in investment channel risk this year
Silver lining found in investment channel risk this year
BUSINESSicon  12/02/2021 

Investors are pinning their hopes on different investment channels this year despite the many difficulties and risks brought about by COVID-19, analysts have said.

Construction firms urged to apply technology to improve efficiency
Construction firms urged to apply technology to improve efficiency
BUSINESSicon  11/02/2021 

The impacts of the COVID-19 pandemic and Industry 4.0 required construction firms to invest in technology to improve efficiency.

Vietnam promotes export of processed agro-forestry-fisheries products
Vietnam promotes export of processed agro-forestry-fisheries products
BUSINESSicon  11/02/2021 

The project aims at improving the quality and value of agro-exports to meet the regulations of importers.

Struggling shopkeepers at HCM City traditional markets learn to sell online
Struggling shopkeepers at HCM City traditional markets learn to sell online
BUSINESSicon  11/02/2021 

With traditional markets in HCM City struggling amid the COVID-19 pandemic, more and more of their shop owners are looking to sell their goods on online channels such as delivery apps and social media.

Pandemic reveals enterprises’ view of responsibility
Pandemic reveals enterprises’ view of responsibility
BUSINESSicon  11/02/2021 

The unprecedented challenges arising from the COVID-19 pandemic have highlighted more than ever the importance of responsible crisis management and sustainable development at enterprises.

Bad debts of 20 banks up 4.5% in 2020
Bad debts of 20 banks up 4.5% in 2020
BUSINESSicon  11/02/2021 

The non-performing loans (NPLs) of 20 local banks at the end of 2020 rose by 4.5 per cent year-on-year to VND83.4 trillion (US$3.58 billion), according to the banks’ latest financial statements.

Stocks to ride on Vietnam economic recovery in 2021
Stocks to ride on Vietnam economic recovery in 2021
BUSINESSicon  10/02/2021 

Cement, petroleum and retail stocks are those that could see strong rises in 2021.

VIETNAM BUSINESS NEWS FEBRUARY 11
VIETNAM BUSINESS NEWS FEBRUARY 11
BUSINESSicon  11/02/2021 

Ministry to boost trade defence measures in line with int’l commitments

It’s time for private economy to develop
It’s time for private economy to develop
BUSINESSicon  13/02/2021 

Professor Dr. Tran Dinh Thien, a member of the Government Economic Council talks about the important role of private economy in national economic development.

Organic Tet cakes become a hit
Organic Tet cakes become a hit
BUSINESSicon  09/02/2021 

Organic banh chung (square glutinous rice cake) sold in Ho Chi Minh City for the first time for Tet (Lunar New Year) has become very popular.

Vietnam rises two places in Bloomberg innovative economy index
Vietnam rises two places in Bloomberg innovative economy index
BUSINESSicon  10/02/2021 

Vietnam has moved up two places to 55th in the list of the world's 60 most innovative economies compiled by Bloomberg, but lags far behind Asian peers.

Novartis honored as pioneer in digital transformation in healthcare
Novartis honored as pioneer in digital transformation in healthcare
BUSINESSicon  09/02/2021 

Novartis is the sole pharmaceutical firm among a total of 34 units that were honored for their efforts and outstanding contributions to the Digital Transformation of the Healthcare Sector in 2020, at the National Digital Transformation Congress.

The poor, as well as businesses, fall into 'black credit' trap
The poor, as well as businesses, fall into 'black credit' trap
FEATUREicon  09/02/2021 

The poor, who lack financial information and knowledge, are often hurt by black credit. But many businesspeople have also become victims.

E-commerce sites launch Tet online sale campaigns
E-commerce sites launch Tet online sale campaigns
BUSINESSicon  09/02/2021 

While general stores and supermarkets are about to close for Tet holiday, e-commerce websites have stated they are ready to take orders even on Tet days.

 
 
 
Leave your comment on an article

OR QUICK LOGIN