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Update news Aviation
According to forecasts, Vietnam's international arrivals can fully recover to pre-pandemic levels in 2024 (equal to 105.2% of 2019's level) and possibly equal to 118.9% of 2019's level in 2025.
Vietnam’s is considered as one of the fastest growing aviation markets in Asia.
The northern mountainous province of Ha Giang has just asked the Ministry of Transport to add the construction of an airport to the master plan on Vietnam’s airport system in the 2021-2030 period, with a vision to 2050.
The MoT proposed to halt the establishment of new airlines, with new applications considered only once the aviation market rebounds to a normal state.
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.
Vietnam Airlines has announced in its Q1 financial report that its first quarter losses were greater than its 2019 profits.
When passenger planes start flying again, the world of air travel will be very different.
Experts have said that once the COVID-19 pandemic ends, higher market demand would support many sectors in quickly resuming their business.
The Civil Aviation Authority of Vietnam has asked Bamboo Airways to quickly report its debts, payment plan for aviation service providers and its financial situation.
The aviation industry has suffered the worst impact by the coronavirus pandemic, with performance dropping below the most pessimist forecasts from February.
After two days of the Government’s decision to ease social distancing while continuing measures to curb the spread of Covid-19 epidemic in the new context, preventive measures have been strictly implemented at the Noi Bai Airport.
State management agencies are at a loss in finding suitable capital for improving the runways at Noi Bai and Tan Son Nhat international airports.
Nine industries could be negatively affected in the short term by the fallout of the coronavirus epidemic, according to SSI Securities Corp.
The Government has urged the State Appraisal Council to review the feasibility report for the first phase of the proposed Long Thanh international airport, which is slated to begin this year, and submit it for approval next month.
Pilots of several foreign airlines have been found for violating aeroplane landing and parking regulations to land at Noi Bai and Tan Son Nhat international airports, according to Vietnamese aviation authorities.
Authorities in Dong Nai Province have recalled 1,800 hectares of rubber plantations for the Long Thanh Airport project.
Local authorities in the central province of Thua Thien - Hue yesterday kicked off work on a second terminal at Phu Bai International Airport in Huong Thuy Town.
Director of the Civil Aviation Authority of Vietnam, Dinh Viet Thang, said it would take at least two more years for airlines to open direct routes to the US due to various issues.
The Ministry of Transport held a roundtable to discuss the possibility of direct flights to the US, and the opportunities and challenges facing the Vietnamese aviation sector.
Experts believed that the government’s decision on increasing foreign holding will be a springboard for foreign investors to penetrate into the Vietnamese burgeoning market.