The number of aircraft registered Vietnamese nationality reached 174 as of the end of July 2018, up 14 ones compared with the figure of the same period last year, according to the Civil Aviation Administration of Vietnam (CAAV).
Vietnam Airlines has biggest fleet with 91 planes
The biggest fleet belongs to Vietnam Airlines with 91 planes, including eleven Boeing 787-9; twelve Airbus A350; five A330 and 57 A321 aircraft.
It is followed by Vietjet Air with 54 planes, including 31 A321 and 23 A320 aircraft.
Jetstar Pacific ranks third with 17 A320 aircraft.
Other airline firms such as the Vietnam Air Services Company (Vasco), Vietstar Airlines Multirole Corporation among others also have Vietnamese registered-planes.
CAAV said as of the end of July 2018, there were 28 helicopters registered Vietnamese nationality, unchanged compared to the same period last year.
According to the Government Decree No. 68 on the registration of nationality of and rights to aircraft, aircraft owned by Vietnamese organisations or individuals and those lease-purchased or leased without crews for 24 months or longer must be registered as Vietnamese to operate in Vietnam.
Under the Decree, to be eligible for the registration of Vietnamese nationality, the aircraft must not bear the nationality of any other country or have had the nationality of a foreign country deregistered.
It must also have all the valid paperwork to prove aircraft ownership or the right to possession of the aircraft under lease or lease-purchase terms. In addition, it must meet the requirements on age of the used aircraft (if any) and must satisfy the law-prescribed conditions and requirements related to ensuring national defence and security, aviation safety and security and environmental protection.
This Decree replaces Decrees No 70/2007/ND-CP of April 20, 2007, and No. 50/2012/ND-CP of June 11, 2012.-VNA