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Sky falls in on private airlines

Several underperforming private airlines face having their wings clipped. Indochina Airlines (VP), Vietjet Aviation Joint Stock Company and Trai Thien Air Cargo have just a month to satisfy the requirements set by the Civil Aviation Administration of Vietnam (CAAV) to maintain air transport trading licences. In late January 2011, VP which stopped flying for around 18 months, was urged by the Ministry... 

Vietnam Airlines borrows Ocean Bank’s $7m loan to buy aircraft

Vietnam Airlines signed a deal to borrow a $7 million loan from Ocean Bank to buy backup engines for Airbus A321 by Vietnam Airlines, the local newswire VnExpress reported. General Director of national flag carrier, Pham Ngoc Minh said that the loan would help his firm more active in business and service operations.Currently Vietnam Airlines is one of the air firms that have the youngest and most... 

Viet Nam Airlines opens Ha Noi-Kuala Lumpur route

There will be seven flights per week, bringing to 21 the number of flights per week from Viet Nam to Malaysia.An Airbus A321 will depart from Ha Noi at 2.55pm and depart KL at 6.55pm (KL time) with a flight time of three hours. As a promotion, customers who book tickets before June 16 for trips between June 16-July 16 would pay VND2.508 million (US$120) plus taxes and fees, the airline said. Viet... 

Vietnam Airlines to have 34 more aircrafts

National carrier Vietnam Airlines will add 34 aircrafts to its fleet for operation between 2011 and 2015. The government has guaranteed a leasing contract for Vietnam Airlines to hire eight A321-200 aircrafts for the period.The carrier is also allowed to buy 26 A321-200 aircrafts in the period, according to a new decision by Prime Minister Nguyen Tan Dung. Currently, Vietnam Airlines has 70 aircrafts... 
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