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Update news Jetstar Pacific
Vietnam Airlines and the Qantas Group from Australia have recently agreed on changes to their joint venture, Jetstar Pacific, to improve the operations and profits of the budget airline.
Vietnamese airlines have resumed most domestic flights after the country has gone almost 50 days without community transmission of the coronavirus.
Subsidiaries of SOEs like Jetstar Pacific, Angkor Air, DAP-Vinachem, and Petrolimex Laos will come under special financial supervision.
A local air carrier has asked the national aviation authority to withdraw the aviation business license of local budget carrier Jetstar Pacific (JPA) and reallocate its flight operation rights to other local airlines.
Jetstar Pacific Airlines (JPA), the low-cost Vietnamese air carrier, is moving ahead with the third restructuring, expected to be carried out after the epidemic ends.
Vietnamese carriers saw significant drops in the number of passengers in February due to the outbreak of the novel coronavirus (COVID-19).
Vietnam's booming tourism industry has led to growth in the aviation sector, with more routes and airlines creating a new landscape for the industry.
National flag carrier Vietnam Airlines and Jetstar Pacific on November 10 announced that they will adjust schedules of fights from/to Phu Yen, Quy Nhon, Nha Trang and Pleiku on November 10 due to storm Nakri.
The Vietnam Airlines Group, listed as HVN, earned consolidated pre-tax profit of over 3.29 trillion VND (nearly 142 million USD) in the first nine months of this year, its financial report showed on October 31.
Five domestic airlines reported 3,933 delayed flights in July, according to the Civil Aviation Authority of Vietnam (CAAV).
The Civil Aviation Authority of Vietnam (CAAV) has released its report on delayed and cancelled flights by local airlines in the first half of 2019.
Jetstar Pacific (JPA), one of the earliest airlines present in Vietnam, has been taking losses for years.
Low-budget Jetstar Pacific inked a credit contract worth 117 million USD for aircraft purchase with the Industrial and Commercial Bank of Vietnam (Vietinbank) on October 11.
VietNamNet Bridge - The warming of the domestic economy combined with the fall in fuel prices have brought about record-high revenue and profits for most Vietnamese air carriers in 2015.
Growing demand for air travel during national holidays, especially the lunar New Year (Tet) has heated up competition in Vietnam’s aviation sector.
A Canadian national on a flight from Hanoi to Ho Chi Minh City was saved after suffering a stroke 20 minutes after the aircraft left Noi Bai Airport on December 31.
At the Dubai Air Show in early November, budget carrier VietJet signed an agreement with Airbus to buy 30 A321 aircraft worth $3.6 billion at list prices.
VietNamNet Bridge - Vietjet Air has expanded its domestic carrying market share to 35.7 percent. Jetstar Pacific has also seen the number of passengers increasing rapidly. Low-cost carriers (LCC) are on the rise.
The Ministry of Finance has requested the Civil Aviation Authority of Vietnam (CAAV) tell Vietnam Airlines to reregister its economy-class domestic fares and clarify fare structure and service charges.
VietNamNet Bridge - Hydroplane tourism has great potential to develop, especially in the Mekong River Delta, but only a few routes have been approved.