Tag: aviation

Recent aviation incidents raising concerns about operation safety.

Air transport growth recorded in both passenger and cargo volume.

Eight more airports to be developed by 2030.

84.2 million passengers are expected to be carried by air in Vietnam during 2024.

Central city has prepared land reserves, human resources, and supporting mechanisms for investors, participants at Meet Da Nang 2024 hear.

Leading aerospace companies like Airbus and Boeing in attendance.

Passenger numbers up 3.7-fold against 2021.

Director of the Civil Aviation Authority of Vietnam Dinh Viet Thang said that in the past 10 months, the domestic aviation market has grown rapidly, but the international market has only recovered by about 50 per cent. Airlines and passenger transport providers still have to deal with the unfavorable problems left by the epidemic, especially the imbalance of cash flow in 2 years that freezes operations.

Vietnam’s aviation transport market has entered the low season and passenger numbers have fallen for two months in succession.

Vietnam needs to expand its network of small local airports, roundtable hears.

After consulting with businesses and analysts on a draft report on the implementation of the Vietnam Civil Aviation Law, the Vietnam Chamber of Commerce and Industry (VCCI) has made a series of comments. Analysts believe there are still many inadequate regulations on civil aviation when the State intervenes in production and business plans or restricts aircraft procurement activities, hindering the development of the sector. To solve the problems, the VCCI made two important suggestions relating to utilizing the resources of enterprises and aircraft parking issues.

Positive signs of recovery seen in aviation sector so far this year.

Passenger transport rose impressively in the first eight months of this year, with the aviation and railway sectors together growing by over 130 per cent. In August alone, the number of air passengers stood at 11.5 million, a 473 per cent increase year-on-year.

In assessing the potential of Vietnam’s aviation industry in the second half of 2022, analysts believe its profit growth will be higher than in the first half, based on three main factors: domestic travel is tending towards strong recovery, international visitors are expected to gradually increase in number by the end of the year, and rising demand will help airlines manage fuel costs.

Additions have been made to a draft Circular regulating environmental protection in civil aviation activities such as airports, which are required to build an environmental management system (EMS). Notably, aviation enterprises must have a plan to convert to electric vehicles and develop suitable infrastructure for new vehicles.

The Civil Aviation Authority of Vietnam has sent a report to the Ministry of Transport on the state of the aviation market in the first half of 2022. The domestic market has completely recovered and “boomed” in June, according to the report, with an increase of 38.8 per cent compared to pre-pandemic. The international market is also recovering gradually as airlines increase flight frequency and reopen or open routes.

The return to relative normality creates an urgent need to develop a sustainable aerospace industry for the future of all. Boeing’s focus is on continuing to promote its strategic partnership with Vietnam, and is committed to innovation and cooperation for the country’s sustainable development in aviation.

The Minister of Transport has issued a Circular stipulating price brackets for franchising air services, effective from September 1. Circular No. 13 applies to airport enterprises, enterprises providing aviation services at airports, and other organizations and individuals related to the franchising of aviation services at airports. The Ministry of Transport has taken on this task in place of the Airports Corporation of Vietnam (ACV).

Revenue and profit growth in the last quarter of 2021 have been financing the aviation sector in the beginning of 2022 as questions linger over growth prospects.

The full lifting of restrictions on international flights from February 15 and the introduction of tourism stimulus programs augur well for the recovery of the aviation industry