Several factors affecting aviation sector recovery

Several factors affecting aviation sector recovery

Many airlines are operating with fewer aircraft than last year coming into the peak summer period as fleets have been reduced to service debt.
Surging costs and fleet changes drive Vietnam's airfares up in 2024

Surging costs and fleet changes drive Vietnam's airfares up in 2024

The Civil Aviation Authority of Vietnam has reported a notable increase in the average cost of economy class airfares in 2024.
Vietnam Airlines wipes out debt, posts record profit in Q1

Vietnam Airlines wipes out debt, posts record profit in Q1

Vietnam Airlines concluded the first quarter with a record net profit of over $179 million, putting an end to a streak of 16 consecutive quarters of losses.
Airlines asked to increase flights during New Year holidays

Airlines asked to increase flights during New Year holidays

The Civil Aviation Authority of Vietnam (CAAV) has required airlines to build plans to increase flights and arrange night flights to meet the travel needs of people during the 2014 New Year and Lunar New Year (Tet) holidays based on existing aviation infrastructure and security and safety work.
Challenges linger for airlines

Challenges linger for airlines

The slow recovery of the global aviation market and sliding regional demand for air travel could prolong the path to recovery for local airlines.
South Korean airlines lay on more direct flights to Phu Quoc

South Korean airlines lay on more direct flights to Phu Quoc

South Korean airlines Jeju Air and Jin Air are set to launch direct flights from Seoul to Phu Quoc from October 29 and December 24 respectively.
Vietnam Airlines faces challenges to increase international slots

Vietnam Airlines faces challenges to increase international slots

Vietnam Airlines has experienced challenges in securing landing slots at international airports, impeding the carrier's post-pandemic recovery.
Airlines asked to increase flights, minimise delay during National Day holiday

Airlines asked to increase flights, minimise delay during National Day holiday

The Ministry of Transport (MoT) has asked domestic airlines to increase flights during the four-day National Day holiday (September 1-4) to better meet passengers’ travelling demand.
Flight paths to be adjusted to avoid China’s military drill areas: CAAV

Flight paths to be adjusted to avoid China’s military drill areas: CAAV

Airlines of Vietnam will adjust their flight paths in the next few days to avoid the areas near Taiwan where China plans to hold military exercises, according to the Civil Aviation Authority of Vietnam (CAAV).
Fresh woes for airlines in fuel costs

Fresh woes for airlines in fuel costs

While hoping to rejoice over the imminent resumption of international flights, Vietnamese air carriers are being simultaneously hit with rising fuel prices due to the Russia-Ukraine crisis, and are urging local authorities to look into a financial bailout for them.
Domestic airlines begin to recover

Domestic airlines begin to recover

Airlines are beginning to show clear signs of recovery, according to the securities firm Viet Capital Securities (VCSC).
Bamboo Airways to file for IPO in Vietnam and New York next year

Bamboo Airways to file for IPO in Vietnam and New York next year

Bamboo Airways, a subsidiary of FLC Group, has announced plans to list on Vietnam's UPCoM and the New York Stock Exchange in 2022.
Vietjet and Airbus ink strategic cooperation agreement for 119 aircraft

Vietjet and Airbus ink strategic cooperation agreement for 119 aircraft

Vietjet and Airbus have inked a strategic partnership on the delivery of 119 aircraft and cooperation for the development of Vietjet’s wide-body fleet.
Safran and Bamboo Airways ink $2.3 billion deal witnessed by French and Vietnamese PMs

Safran and Bamboo Airways ink $2.3 billion deal witnessed by French and Vietnamese PMs

Bamboo Airways and Safran inked an MoU on a deal under the witness of French Prime Minister Jean Castex and Vietnamese Prime Minister Pham Minh Chinh.
Bamboo Airways inaugurates Vietnam-UK nonstop route and general sales agent in UK

Bamboo Airways inaugurates Vietnam-UK nonstop route and general sales agent in UK

Bamboo Airways inaugurated its nonstop Vietnam-UK routes and general sales agent in the UK under the witness of Vietnamese Prime Minister Pham Minh Chinh.
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