It is undeniable that the aviation industry has contributed greatly to the development of the global economy, accounting for roughly 3.6 per cent of total global GDP. 

The development of Covid-19, plus the low season, has led to a serious drop in travel demand. Airfares have been slashed continuously, some of them next to nothing.

The Ministry of Transport has urged the Civil Aviation Authority of Vietnam (CAAV) to finalize a plan to resume regular international flights to and from Vietnam, Deputy Transport Minister Le Anh Tuan told VNA on August 18.

Passenger transportation units, especially airlines and railways, had not yet recovered fully from the first COVID-19 outbreak when the second outbreak occurred and dealt another blow.

Vietnam Airlines is planning to sell nine A321CEO planes to optimize its fleet and improve its cash flow, as the national flag carrier’s revenue has dropped sharply due to the Covid-19 pandemic.

The Civil Aviation Authority of Vietnam (CAAV) plans to build Quang Tri Airport in Quang Tri province, but experts disagree with the idea.

Vietjet Aviation Joint Stock Company has reported a loss of over VND2.11 trillion (approx. US$90.5 million) in air transportation business in the first half of this year.

The COVID-19 pandemic has severely dragged down revenues of the Vietnam Airlines Corporation (Vietnam Airlines) and the Airports Corporation of Vietnam (ACV) in the second quarter of this year.

The Civil Aviation Authority of Vietnam (CAAV) has submitted to the Ministry of Transport (MOT) a plan to resume international air routes.

Pacific Airlines which was earlier known as Jetstar Pacific have apologised to passengers who have been affected by the change in its ticketing system.

No new airlines will be allowed to open in Viet Nam until 2022 at the earliest, Deputy Prime Minister Trinh Dinh Dung has announced.

The Ministry of Planning and Investment has expressed concern that the Long Thanh airport project might not get off ground in 2021 as scheduled, as the disbursement of capital for site clearance works has met a mere 10% of the target.

The application made by Vietravel Airlines satisfies all conditions for licensing as an aviation transport business, according to the Civil Aviation Administration of Vietnam (CAAV).

The Civil Aviation Administration of Vietnam (CAAV) confirmed on July 17 that all Pakistani pilots working for Vietnamese airlines have valid licenses.

The Civil Aviation Authority of Vietnam (CAA) released a report on the operation of flights on time (OTP) as well as delayed and cancelled flights across Vietnam in the first half of the year.

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.

Vietnam’s air carriers expect their business opportunities to be gradually better again as of the beginning of this year’s third quarter.

Vietnamese carriers saw significant drops in the number of passengers in February due to the outbreak of the novel coronavirus (COVID-19).

Domestic and international private investors are expected to have fresh opportunities to join the long-awaited Long Thanh International Airport project in the near future, with the form of investment to be decided next month.

Minister of Planning and Investment Nguyen Chi Dung has submitted a new airline project to Prime Minister Nguyen Xuan Phuc for approval.