Domestic airlines see recoveries in revenues but the sharp increase in input costs undermine their profits, which makes it difficult to recover the accumulated losses incurred during the pandemic.
The objective of this inspection, as stated in a recent written document signed by Deputy Minister of Transport Le Anh Tuan, is to ensure that airlines comply with current laws.
Viet Nam needs policies to support and remove difficulties for domestic airlines to regain their growth momentum in the post-COVID recovery period, transport experts said yesterday.
The Vietnam Aviation Business Association has proposed the Government lend domestic airlines a credit package of US$1.07 billion-$1.16 billion at a preferential interest rate for a three-four year term
Domestic airlines will increase flights on several domestic routes from Thursday while offering new promotions to increase demand after national social distancing ends.
The Ministry of Transport green-lit the Civil Aviation Authority of Viet Nam’s proposal to limit domestic flights from Ha Noi and HCM City to other cities and provinces to prevent the spread of the novel coronavirus (COVID-19).
The number of passengers travelling by air during the Lunar New Year (Tet) holidays is forecast to rise 11 per cent compared with the same period last year, said Director of Civil Aviation Authority of Vietnam (CAAV) Dinh Viet Thang.
The Civil Aviation Authority of Viet Nam (CAAV) assured passengers that the domestic carriers were adhering to the flexible fare mechanism and not exceeding the ceiling level regulated.
The Noi Bai International Airport has asked all domestic airlines to improve operations so as to cut down on the increasing number of flight delays recorded recently.
Domestic airlines, including Vietnam Airlines, VietJet and Jetstar Pacific, have decided to raise ticket prices for both domestic and foreign routes as of April 1.