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Update news airlines
VietNamNet Bridge – The aviation boom in Asia has caught the attention of international finance groups, who are willing to provide loans to fund aircraft purchase deals. And Vietnam is attracting a disproportionate share of that interest.
VietNamNet Bridge – It is undeniable that Vietnam is a fat land for the aviation development. However, most of the private airlines have tasted failure in the home market. Why?
VietNamNet Bridge - Minister of Transport Dinh La Thang said that instead of Vietnam Airlines alone reporting profits as previous years, this year domestic aviation grew well and all airlines were profitable.
VietNamNet Bridge – Air carriers, who have been scrambling for pilots and stewardesses all the time, have begun a new struggle to lure technical officers.
VietNamNet Bridge – Only 30 percent of passengers in Vietnam fly with budget airlines, much lower than in Malaysia and the Philippines, where the proportion is 50 percent, the highest in South East Asia.
VietNamNet Bridge – Authorities of the central coastal city of Danang now are busy launching road shows abroad to woo airlines to open services linking Danang with regional destinations to as to attract more tourists, said a local tourism official.
VietNamNet Bridge – VietjetAir has decided to spend more than $9 billion to buy 100 Airbuses. Prior to that, other carriers also spent big sums of money to expand their fleets.
The International Travel Company Oxalis, which is organizing tours to the world's largest cave Son Doong in Quang Binh Province, said that more than 400 international tourists have booked for tours in 2014 at US$3,000 per head.
Two Vietnamese hotels boast world’s best spas; Vietnam increasingly popular with Russian tourists; Da Lat Flower Festival to highlight Truong Sa Archipelago; Operators offer cash prizes to drum up travel demand
VietNamNet Bridge – A minimum of VND300 billion (US$14.4 million) is required to set up a commercial airline, following a recent Government decision.
Right after Jetstar Pacific announced the opening of the HCM City – Buon Ma Thuot and the Buon Ma Thuot – Vinh City air routes in late March 2013, VietJet Air has also planned to provide the flights on the routes in the next month.
VietNamNet Bridge – The domestic aviation market has turned out to be not lucrative as thought.
Analysts now bet on the fate of Air Mekong after hearing that the private airline cannot pay for fuel. Pacific Airlines still has reported loss for the last five consecutive year of operation.
While the real estate market has become frozen, low-cost and medium-class product sales have been going very slowly, deluxe products still can be sold well in Vietnam, which has prompted the biggest fashion brands to flock to the country.