Quang Binh to spend VND5 billion on new air service

Airports across the country served 55.41 million passengers in the period from January to July this year. — VNA/VNS Photo Airports across the country served 55.41 million passengers in the period from January to July this year, reported the Civil Aviation Authority of Viet Nam. The number of passengers passing through terminals nationwide in July alone was 9.11 million, a year-on-year increase of 12.2 per cent. Of which, international arrivals were 2.34 million, up 2.1 per cent, and domestic travelers were 6.77 million, up 16.2 per cent. There are currently 63 foreign airlines from 25 countries and territories participating in the Vietnamese air transport market to operate regular international flights to Viet Nam. Foreign airlines and three Vietnamese airlines including Vietnam Airlines, Vietjet Air and Jetstar Pacific Airlines are operating 105 international flights to and from Ha Noi, HCM City, Da Nang, Nha Trang, Phu Quoc and Hai Phong. In the domestic market, four Vietnamese airlines including Vietnam Airlines, Vietjet Air, Jetstar Pacific Airlines and Vietnam Air Services Company (Vasco) are operating 52 domestic routes connecting Ha Noi, Da Nang and HCM City with 18 local airports. Recently, the Airports Corporation of Vietnam (ACV) has taken a series of measures to enhance the capacity of local airports, especially the three international airports of Noi Bai, Tan Son Nhat and Da Nang. The corporation also tightened inspections and surveillance to ensure service quality during the peak travel season in summer…... [read more]

Illustrative image (Source: Jetstar Pacific) Quang Binh (VNA) – The low-cost Jetstar Pacific Airlines will launch the first flight from Dong Hoi, the central province of Quang Binh, to Chiang Mai province, Thailand, on August 11, according to the provincial Tourism Department on August 7.  The service will operate two weekly flights on Monday and Friday, using Airbus A320 with 180 seats and lasting one hour and 40 minutes. On July 20, Jetstar Pacific sold fares on the website www.jetstar.com and at ticket agents, costing at least 410,000 VND one-way, exclusive of taxes, fees and promotions. Dang Dong Ha, Deputy Director of the provincial Tourism Department, said it is the first international flight in Dong Hoi and the only service of Vietnam to Chiang Mai. According to him, Chiang Mai is the largest province in the north and the second largest tourism hub in Thailand with nearly 10 million visitors. It is also a transit to other ASEAN member states. Quang Binh is well-known for the world natural heritage Phong Nha -  Ke Bang National Park, limestone caves such as Phong Nha, Thien Duong, Son Doong, beautiful beaches and film studio of blockbuster “Kong: Skull Island”. The province is expected to be a film studio of Hollywood blockbusters in the near future. It is also home to relic and cultural sites and the last resting place of legendary General Vo Nguyen Giap. Once launched, the…... [read more]

NDO – A total of 9.11 million passengers arrived at Vietnamese airports in July, up 12.2% over the same period of 2016, according to the Civil Aviation Authority of Vietnam (CAAV). Of the number, international arrivals accounted for 2.34 million, up 2.1% and domestic visitors at 6.77 million, up 16.2% over the same period last year. According to a previous report by CAAV, during the first six months of the year, the aviation market continued to a show high growth rate, serving 30.3 million visitors, an increase of 19.5% over the same period in 2016. Passengers travelling through airports in Vietnam reached 46.3 million, up 17.5% and the transportation volume of Vietnamese airlines reached 21.8 million passengers, up 15.1%. In total, from the beginning of this year, the overall output of passengers through Vietnam's airports and airfields reached 55.41 million. The Vietnamese aviation transport market has involved the participation of 63 foreign airlines, from 25 different countries and territories, operating regular international flights to Vietnam. Foreign airlines and three Vietnamese airlines, including national flag carrier Vietnam Airlines, Vietjet Air and Jetstar Pacific Airlines, operate 105 international flight routes to and from Hanoi, Ho Chi Minh City, Da Nang, Nha Trang, Phu Quoc and Hai Phong. In the domestic market, Vietnam Airlines, Vietjet Air, Jetstar Pacific Airlines and Vasco are currently operating 52 domestic routes connecting Hanoi, Da Nang and Ho Chi Minh City with 18 local airports throughout the country. In addition to…... [read more]

Domestic air carriers post huge profits in H1Le Anh HCMC – Domestic airlines posted huge revenues and profits in the first half of 2017 following a 19.5% year-on-year growth of the aviation market with the number of air passengers reaching 30.3 million, according to the Civil Aviation Administration of Vietnam (CAAV). There are currently 63 foreign airlines from 25 countries and territories operating international flights to and from Vietnam. On the domestic market, four domestic airlines namely Vietnam Airlines, Vietjet Air, Jetstar Pacific Airlines and VASCO are operating 52 domestic air routes connecting Hanoi, Danang and HCMC with 18 local airports. Local and foreign carriers also have conducted chartered flights to Can Tho, Dalat and Vinh among others. Vietnam Airlines and Vietjet Air, two domestic largest airlines, both posted huge revenues and profits in the year’s first half. Vietjet’s business report for the first six months of 2017 released last week shows that both revenue and profit of the airline far exceeded the plan. In particular, Vietjet posted revenue of over VND10.7 trillion (nearly US$472 million), up 45.1% compared to the same period last year, and reaching 108% of the six-month plan. Its pre-tax profit amounted to nearly VND1.1 trillion, up 46% year-on-year. Vietjet is operating 73 domestic and international air routes. The number of people flying with Vietjet in January-June totaled 8.27 million, a rise of 22.4% year-on-year. Meanwhile, the national flag carrier Vietnam Airlines served nearly 10.3 million air passengers in the first six months of 2017, increasing…... [read more]

This information was announced at a ceremony in Hanoi on May 23. To this effect, Jetstar Pacific Airlines has become a joint stock aviation company with its controlling interest held by the state run State Capital Investment Corporation (SCIC) and will be under the management of Australia’s low-cost airline, Qantas Airways. Speaking at the ceremony, the company’s General Director Luong Hoai Nam stressed that the change will create favourable conditions for the company to implement its strategies and plans to become a leading low-cost airline in Vietnam, contributing to the development of Vietnamese aviation. Jetstar Pacific plans to fly both domestic and foreign routes and add up to 30 new Airbus 320 units by 2014.... [read more]

Under official document 2194/TTg-DMDN signed by the Prime Minister on December 12, the Government will allow Jetstar Pacific Airlines Joint Stock Company to issue additional shares to its existing shareholders to increase its charter capital, as proposed by the SCIC, the airlines’ largest shareholder. The Government will also permit the SCIC to sell its right to buy additional shares in the airline to other domestic shareholders to reduce the SCIC’s stake at the airline to 51 percent as requested last month. At the moment, the SCIC holds 75.78 percent of the airline’s stake. While the SCIC had originally asked the Government to increase the allowable foreign stake to 49 percent, it withdrew this request later. Under the new agreement, the airlines’ foreign partner Australia’s Qantas Airways will still be able to keep a maximum of 30 percent stake, following current regulations. Jetstar’s shareholders include Qantas Airways at 18 percent, Sai Gon Tourism Corporation – Saigontourist at 6.18 percent and Luong Hoai Nam, JPA general director, at 0.04 percent. SCIC’s proposal came after the budget airline racked up massive losses this year which now sit at close to US$ 50 million. The airline blamed the losses on high petrol prices, an increase in costs, as well as a volatile exchange rate. The airline’s revenue is in Vietnamese dong, however, most of their costs are in US dollars, inflating their figures. Inefficient policies and a challenging business environment had partly contributed to the situation, the SCIC said. The losses were also blamed…... [read more]

Vietnam has five airlines namely Vietnam Airlines, Jetstar Pacific Airlines, VietJet Air, Indochina Airlines and Mekong Airlines, along with 43 foreign airlines which are conducting flights to and from Vietnam. All these businesses are now facing a hard time. Falling into a declineThe International Air Transport Association (IATA) has warned that the global aviation industry will face the sharpest decline in revenues in 50 years as a result of the global financial crisis. Asia-Pacific airlines that transport nearly one third of all passengers and 45 percent of cargo in the world, are expected to face a loss of US$1 billion in 2009, double last year’s figure. According to IATA, global air transport will fall by around 3 percent – the second largest for the aviation industry since the September 11 terrorist attack on the US. In Vietnam, the number of passengers and the amount of transported cargo dropped by 11.1 percent and 13 percent respectively in the first four months of 2009. Do Duc Tu, an official from the Ministry of Planning and Investment (MPI), says the National Aviation Corporation (Vietnam Airlines) has suffered most with the number of passengers falling by 3.3 percent in the first quarter. The national flag carrier is forecast to grow by just 4.9 percent this year as compared to 15.8 percent last year. Jetstar Pacific Airlines grew at a rate of 28.7 percent in the first quarter of 2009, half its operation record in 2008. Meanwhile, Indochina Airlines – a private business that has…... [read more]

The negotiation for strategic partnership between the Vietnam Airlines and a leading aviation partner of Japan is expected to take place more smoothly after Vietnam Airlines released information on its operations in 2015. By December 30, 2015, with a fleet of 94 aircraft, including two modern aircraft models that have just been put into operation - Airbus A350 and Boeing 787-9 - Vietnam Airlines conducted over 127,500 safe flights in 2015, representing a year-on-year increase of 3.5%. It transported more than 17.4 million passengers during the year, earning US$3.08 billion in revenue and $62.2 million in pre-tax profit, 129% higher than the set target. These are the highest results of Vietnam Airlines since its establishment 20 years ago. From 2012-2015, it divested all its shares in 13 fields, up three compared to the restructuring plan. The divested amount reached US$36.4 million, two times higher than the investment value. In 2016, the carrier set to transport 19.2 million passengers, up 10.6% against 2015. It is expected to post revenue of US$3.4 million and a pre-tax profit of US$102.2 million. Meanwhile, after almost four years struggling with restructuring, the shareholders of Jetstar Pacific Airlines (Vietnam Airlines with 67.8% of charter capital, Qantas of Australia with 30% and Saigontourist with 2.14%) - started reaping the first fruits. In early November 2015, Jetstar Pacific CEO Le Hong Ha announced that the airline had recorded a profit for the first time after three years of operation. Ha said the firm had a profit of more…... [read more]

VietNamNet Bridge - The Civil Aviation Authority of Vietnam (CAAV) has issued a decision fixing the number of additional flights for the upcoming Lunar New Year (Tet) at 1,270, with Tan Son Nhat (TSN) International Airport in HCMC accounting for a staggering 1,065. CAAV said the extra flights will be operated from January 16 to February 12. National aircraft carrier Vietnam Airlines will add 380 flights with 76,758 seats, a rise of 6.3% against its normal flight schedules, low-cost carrier Vietjet with 560 flights and 100,800 seats, up 8.9%, and Jetstar Pacific Airlines with 330 flights and 59,400 seats, up 12.7%. Tan Son Nhat will accommodate an average of 38 more flights per day, up 7.7% compared to the normal days. At this airport, Vietjet will operate an additional 560 flights, up 11.5%, Vietnam Airlines 340 (6.8%), and Jetstar Pacific 165 (13.5%). It is estimated that the airport would serve 807 flights on a peak day, surging 11% versus normal days. Therefore, CAAV limits the number of landing slots to 38 an hour in the daytime, and 28 at night to guarantee safety and service quality. The CAAV-approved 1,270 extra flights during Tet represent half the number registered by the carriers. General director of CAAV Lai Xuan Thanh said the authority had worked with airlines over human resources and ground services and equipment before the number of extra flights was decided. The majority of additional flights from and to Tan Son Nhat are operated at off-peak hours, from 11 p.m.…... [read more]

TSN airport to serve 1,065 more flights during Tet Le Anh HCMC - The Civil Aviation Authority of Vietnam (CAAV) has issued a decision fixing the number of additional flights for the upcoming Lunar New Year (Tet) at 1,270, with Tan Son Nhat (TSN) International Airport in HCMC accounting for a staggering 1,065. CAAV said the extra flights will be operated from January 16 to February 12. National aircraft carrier Vietnam Airlines will add 380 flights with 76,758 seats, a rise of 6.3% against its normal flight schedules, low-cost carrier Vietjet with 560 flights and 100,800 seats, up 8.9%, and Jetstar Pacific Airlines with 330 flights and 59,400 seats, up 12.7%. Tan Son Nhat will accommodate an average of 38 more flights per day, up 7.7% compared to the normal days. At this airport, Vietjet will operate an additional 560 flights, up 11.5%, Vietnam Airlines 340 (6.8%), and Jetstar Pacific 165 (13.5%). It is estimated that the airport would serve 807 flights on a peak day, surging 11% versus normal days. Therefore, CAAV limits the number of landing slots to 38 an hour in the daytime, and 28 at night to guarantee safety and service quality. The CAAV-approved 1,270 extra flights during Tet represent half the number registered by the carriers. General director of CAAV Lai Xuan Thanh said the authority had worked with airlines over human resources and ground services and equipment before the number of extra flights was decided. The majority of additional flights from and to Tan…... [read more]




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