A Boeing 777 of Vietnam Airlines. The firm is expected to reach four-star level in service quality this year. — Photo doanhnhanvacuocsong.com

HA NOI (Biz Hub) — Vietnam Airlines has remained the market leader this year, but has seen its domestic market share erode significantly.

According to a Civil Aviation Authority of Viet Nam (CAAV) report, the airline carried 14.6 million passengers, 9.3 per cent higher year-on-year but only accounting for 47.6 per cent of the total number of air travellers compared to 56.6 per cent in the same period last year.

Budget carriers Vietjet Air and Jetstar Pacific increased their respective market shares by 6.9 percentage points to 35.7 per cent and 1.9 percentage points to 14.9 per cent.

Vietnamese carriers together operate a fleet of 127 aircraft with an average age slightly above five years. They own 51 of them and lease the rest.

This year they have carried 25.6 million passengers and 198,000 tonnes of goods, 26.9 per cent and 5.1 per cent up year-on-year. — VNS