The Ministry of Transport has revoked the aviation business licence granted to Globaltrans Air Service JSC in 2018 since it failed to fly.

Earlier, the Civil Aviation Authority of Vietnam (CAAV) had proposed the Ministry of Transport scrap the general aviation business licence of Globaltrans Air JSC.

Globaltrans Air Service JSC was granted a general aviation business licence by the Ministry of Transport on April 17, 2018. However, the company has so far not received the air operator’s certificate (AOC) from the CAAV.

The current law stipulates that a general aviation business licence would be cancelled if the provider does not receive the AOC 36 months after the licence is granted.

The CAAV informed Globaltrans Air about the cancellation of the licence in line with regulations, but it has yet to receive any response from the company.

Globaltrans Air was established in July 2014 in HCM City with charter capital of VND100 billion (US$4.4 million).

According to CAAV, Viet Nam currently has four businesses operating in the general aviation industry including Vietstar Airlines, Green Planet Airways JSC, Vietnam Helicopter Corporation and Hai Au Aviation JSC. — VNS