Local aviation transport will be knocked into shape if a Ministry of Transport draft decree gets the government’s thumbs-up. Late last month, the Ministry of Transport (MoT) submitted to the government a draft decree to supersede Decree 76/2007/ND-CP dated May 9, 2007 on aviation transport business and general aviation operations. The draft decree will directly affect eight business entities licenced to operate aviation transport and general aviation services and eight individual and corporate entities having valid aviation operation certificates. Of the draft’s 30 clauses distributed in four parts what grabbed aviation businesses’ special attention relates to regulations pertaining to capital conditions towards foreign- invested air carriers which are left void in current aviation business. Relative to this sensitive issue, in the draft’s clause 11, the MoT presented the government two scenarios. In the first scenario, foreign-invested air carriers must … [Read more...] about Aviation sector seems wings
Aviation
Vietnam still cannot float the aviation market
Vietnam will still not be able to float the airfares until the monopoly still exists in the market, the Civil Aviation Authority of Vietnam CAAV has affirmed. The principle has been affirmed by CAAV when it explains the mechanism on the management over the airfares applied for passenger carrying on domestic air routes which have been set up by the Ministry of Finance. It was not by chance that CAAV, for the first time, had to organize a press conference to announce the Decision No 2967 on the airfares applied to the flights on the domestic air routes promulgated last week. The new decision on the ceiling airfares was made at the moment, which is considered "sensitive", when the 2012 Tet season nears. Especially, the new airfare management mechanism stipulates a wide range of airfares and a completely new price management solution Under the new decision, the ceiling airfare for economy class tickets on domestic air routes is 5000 dong per kilometer per passenger, not … [Read more...] about Vietnam still cannot float the aviation market
Aviation market: not easy for those, who come later
The fact that the private airline Vietjet Air will provide the first commercial flights in late December cannot change the current situation in the aviation market, that the domestic aviation market is still being controlled by the national flag air carrier Vietnam Airlines which is now holding more than 80 percent of the market share. The last week witnessed three important pieces of news. Vietjet Air, a private airline, will officially join the domestic aviation market on December 2, and announces the launching of its first commercial flight on December 25. In the first phase of operation, Vietjet Air will develop the HCM City - Hanoi air route. Commenting about the event, Luu Thanh Binh, Deputy Head of the Civil Aviation Authority of Vietnam CAAV, said that the opportunities for the airlines which have joined the market like Vietjet Air are very big. However, the two other pieces of news, also released last week, show the contrary thing. An official of CAAV informed at a … [Read more...] about Aviation market: not easy for those, who come later
Airlines go on thorny path to penetrate budget aviation service market
A lot of budget airlines have been eyeing the Vietnamese market, but they have been warned that it is not easy to penetrate the market. In mid October, AirAsia announced the decision to cancel the plan to purchase 30 percent of stakes of Vietnamese VietJet Air which now has the chartered capital of 600 billion dong, because the two parties could not reach an agreement on the use of AirAsia brand in the airline's commercial activities. Despite the unsuccessful affair, which means that VietJet Air will not get the support from AirAsia in technical issues, labor force training and technology transfer, the Vietnamese air carrier still has affirmed that it is nearly completing necessary procedures and gets well prepared for the first commercial flights to be taken by the end of 2011. Under the plan released by VietJet Air, in the first phase of operation, it will fly with Airbus A320 and develop the air routes on the north-south backbone: Hanoi - Da Nang, Hanoi - HCM City, Da Nang - … [Read more...] about Airlines go on thorny path to penetrate budget aviation service market
Vietnamese businessmen plan to turn aviation services into “street rice”
Four helicopters have been imported to Vietnam, while the importer is considering importing six more. The importer brings helicopters to Vietnam not to serve some VIPs, but serve everybody, because it plans to make aviation services become a kind of service affordable to everyone. More and more private helicopters arriving in Vietnam The four helicopters imported by Green Planet are all small civilian aircrafts with 2-4 seats. This kind of helicopters only allow to fly on short distances, capable to fly six hours continuously, mostly used for sightseeing. The helicopters just need 600 meter runway, while they can land on grass or highway. A representative of Green Planet said on October 28 that the import of the four helicopters is a part of the strategy on turning aviation services into a popular service to people. Le Thanh Huyen, a senior executive of Green Planet said that her company will join forces with the Air Force Officer School to train and grant certificates to … [Read more...] about Vietnamese businessmen plan to turn aviation services into “street rice”