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.
Airlines allowed to increase frequency of domestic flights from October 21

Airlines allowed to increase frequency of domestic flights from October 21

The Ministry of Transport announced on October 19 that it has built plans on restoring domestic flights in the period from October 21 – November 30 based on the outcomes of the pilot resumption of domestic flights from October 10-17.
Bamboo Airways to purchase USD billion GE aircraft engines under witness of president

Bamboo Airways to purchase USD billion GE aircraft engines under witness of president

Bamboo Airways will purchase GEnx engines for its Boeing 787-9 aircraft order of 10 firm and 20 options valued at $2 billion list price with GE Aviation.
Creating credit mechanism essential for banks to support the aviation industry

Creating credit mechanism essential for banks to support the aviation industry

The government has directed the State Bank of Vietnam to set forth a credit support scheme within this month to help local air carriers bolster liquidity.
Proposal tabled to resume stage-based normal aviation transport in local routes

Proposal tabled to resume stage-based normal aviation transport in local routes

The Civil Aviation Administration of Vietnam has just submitted a proposal to the Ministry of Transport seeking approval for a plan on resuming conventional aviation transport in pandemic times.
CAAV proposes higher floor price for local flights

CAAV proposes higher floor price for local flights

The Civil Aviation Administration of Vietnam has submitted a draft circular on the price of air tickets for local passenger transportation.
A global blueprint in saving airlines

A global blueprint in saving airlines

The national flag carrier Vietnam Airlines is expected to be saved as the government’s bailout package is being disbursed. However, some concerns remain.
CAAV proposes to delay greenlighting airline of Johnathan Hanh Nguyen

CAAV proposes to delay greenlighting airline of Johnathan Hanh Nguyen

The CAAV has just proposed the MoT to stop considering giving an in-principle approval for the establishment of IPP Air Cargo of Johnathan Hanh Nguyen.
Airbus Vietnam Training Centre at Vietjet to offer A320 type-rating courses

Airbus Vietnam Training Centre at Vietjet to offer A320 type-rating courses

Airbus Vietnam Training Centre has received regulatory approval from the CAAV and the EASA to provide A320 Type Rating courses.
One in five countries approach pre-pandemic domestic flight levels as travel resumes

One in five countries approach pre-pandemic domestic flight levels as travel resumes

Global fuel spending is up 13 per cent over the 2019 peak, reflecting a strong surge in ground travel in markets in the Asia-Pacific.
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