Vinpearl Air

Update news Vinpearl Air

Vietnam's richest billionaire reports huge profits

More large corporations have released 2019 finance reports. The 2019 business season witnessed a boom of enterprises with the profit of over VND10 trillion.

Vietnamese aviation market experiences competition rage

The Vietnamese aviation market has been recording double-digit growth in the last four years, but the growth rate is slowing.

Vingroup abruptly abandons Vinpearl Air project

Vingroup announced today, January 14, to call off its project to set up Vinpearl Air even though the Ministry of Planning and Investment had just sent this project to the prime minister for approval, the local media reported.

 

Vinpearl Air may take off next year

The Ministry of Planning and Investment (MPI) has submitted to the Prime Minister plans for the establishment of Vinpearl Air, with investment capital of 4.7 trillion VND (202.6 million USD).

Tight squeeze as new airlines set to take off in Vietnam

With more airlines planning to take flight in 2020, the room for profit-making is expected to narrow in the burgeoning aviation market, triggering doubts over the possibility of achieving success among newcomers.

Vietnam’s Kite Air scheduled for commercial operation in Q1/2020

Vietnam’s Ministry of Transport supports the establishment of Kite Air as room remains large for airlines utilizing small airports, in turn meeting Vietnam’s huge transport demands.

Airlines argue about airfare listings

Vietnam Airlines said that it is fully complying with current regulations on listing airfares which include information about air ticket prices, taxes, fees and charges.

Vinpearl Air, Vietravel Airlines get nod from watchdog agency

In a proposal to the Ministry of Transport (MOT) to establish an air carrier, Vinpearl Air owned by billionaire Pham Nhat Vuong said it wants to choose Noi Bai as the base airport.

No prime time at Noi Bai airport left for Vinpearl Air’s flights

Vingroup’s Vinpearl Air selected Noi Bai International Airport in Hanoi as its base, however, no prime flight slots are available for the carrier’s flights.

Former Vietnam Airlines executive to be CEO of Vinpearl Air

Phan Xuan Duc, former deputy general director of the national flag carrier Vietnam Airlines, has been named chief executive officer of Vinpearl Air, which was recently established by Vingroup.

 

Newest airline to take flights from July 2020

Vinpearl Air of the private conglomerate Vingroup will begin domestic and international flights from July 2020 with a fleet of six aircraft, according to Director General of the Civil Aviation Authority of Vietnam (CAAV) Dinh Viet Thang.

Vinpearl Air to fly next year

Major local conglomerate Vingroup’s own air carrier, called Vinpearl Air, is expediting procedures for its inaugural flight in July 2020.

 

More airlines join market, putting pressure on infrastructure

Vo Huy Cuong, deputy head of the Civil Aviation Authority of Vietnam (CAAV) on July 10 confirmed that CAAV has not received an application for a license from Vinpearl Air JSC.

Vinpearl Air prepares for launch?

Vingroup, the multi-field conglomerate, has taken the first step to join the aviation market, setting up Vinpearl Air JSC, VinAviation School, and VPA Training Center.

Vingroup sets up airline

Major local conglomerate Vingroup has established its own air carrier called Vinpearl Air with charter capital of VND1.3 trillion.