Local carriers had incurred total losses of over VND10 trillion as of February 10, Tuoi Tre reported, citing the head of the Civil Aviation Authority of Vietnam (CAAV) Dinh Viet Thang.
The biggest problem of the Vietnam’s aviation industry is overloading at airports, which affects service quality and flight safety.
The Civil Aviation Authority of Vietnam (CAAV) has decided to stop licensing flights to China's Wuhan City amid rising fear of the novel coronavirus (nCoV) outbreak
Investors have noted that the number of aircraft in Vietnam is low compared with regional countries.
Director of the Civil Aviation Authority of Vietnam, Dinh Viet Thang, said it would take at least two more years for airlines to open direct routes to the US due to various issues.
The door has still not opened widely to private investors who want to develop airports.
The booming aviation sector in Việt Nam needs investment from the private sector to ensure that it has adequate airport infrastructure for continued...
Runways, infrastructure and air traffic control activities cannot keep up with the pace of aviation market development.
In case these devices have damaged lithium battery replaced by another one that is not included in the list of recall, passengers would be allowed to carry them on board.
With more airlines joining the market and airlines’ fleets expanding, there are concerns that there will not be enough flight supervisors.
The need for human resources, especially pilots, is becoming serious among Vietnam’s air carriers. Vietnam Airlines, for example, has decided to raise pay for pilots one year ahead of schedule.
Investors are queuing up to enter the aviation market with trillions dong worth of capital, which is expected to remap the market.
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.
The Ministry of Finance has announced a requirement for local carriers to quote fares that include all taxes and fees. The move is expected to end disputes among local airlines over ways of quoting airfares.
The Civil Aviation Authority of Vietnam (CAAV) has advised local airlines to refrain from adding significant numbers of new aircraft, noting that their fleets could far exceed passenger and cargo transportation needs.
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.