Update news CAAV
VietNamNet Bridge - Soon after the US officially granted non-stop flight permission to Vietnam, domestic airlines set to work to prepare to fly to the US.
VietNamNet Bridge - Air carriers have bought more next-generation aircraft as a part of their expansion plans, but infrastructure has not caught up with the expansion rate.
The national flag air carrier Vietnam Airlines and the private Vietjet Air continue to dominate the domestic aviation market, but newcomers may begin to take away some market share.
VietNamNet Bridge - Sun Group, FLC and IPP have poured money into aviation infrastructure, which was once thought to be beyond private investors’ capability.
From a small airline with only three aircraft in 2011, Vietjet Air has become a big low-cost air carrier (LCC) with annual revenue of VND50 trillion.
VietNamNet Bridge - The overloading at airports and delays of flights could lead to a drop in tourism, experts say.
Many private investors are willing to pour money into aviation infrastructure, though the business field requires huge capital and a long time to recover capital.
Ninety-four million passengers went through airports in 2017 in Vietnam. The number of air passengers is expected to reach 142 million by 2020.
The number of passengers traveling by air has increased rapidly and more air carriers have joined the market, but infrastructure conditions have not developed proportionally.
VietNamNet Bridge - Bamboo Airways, the newly established airline, faces a lack of qualified workers and weak infrastructure, according to experts.
If the flight operation process is changed and advanced technologies are used to improve organizational and management capability, the capacity of Tan Son Nhat Airport will improve, experts say.
In the latest report to the Ministry of Transport (MOT), the Civil Aviation Authority of Vietnam (CAAV) proposed two options for aviation security assurance at Van Don, the first privately operated airport of Vietnam.
VietNamNet Bridge - Aviation infrastructure still cannot catch up with the pace of the development of airlines.
If it opens direct air routes to the US by 2018 as planned, Vietnam Airlines may bear a loss of up to $50 million per annum.
VietNamNet Bridge - Everyone complains that airports are getting overloaded, but economists and businesspeople say this is a good sign that the national economy is robust.