Aircraft at Tan Son Nhat International Airport in HCM City. Competition in Viet Nam’s aviation sector looks to soar as more new players enter the fray. — Photo vnfinance.vn Increasing numbers of airlines and aircraft are putting serious pressure on Viet Nam’s aviation infrastructure. As competition for market share and skilled labour intensifies, the Government must take measures to ensure a fair playground and long-term development, said industry experts and authorities. The Civil Aviation Authority of Vietnam (CAAV) has recently approved an air operator’s certificate (AOC) submitted by Vietstar Airlines, bringing the total number of licensed air operators in the country to seven. CAAV also confirmed two more AOC applications submitted by Vinpearl Air and Vietravel Airlines were pending. Vinpearl Air said it would field a fleet of six aircraft in July next year and bring in 30 more by 2025 to fly both domestic and international routes. Vietravel Airlines said it hoped to commence operations next October with three aircraft and planned to bring in five more by 2025. Central Quang Nam Province’s department of planning and investment has also filed an application for its local airlines KiteAir, who said it would begin with six ATR72 aircraft during the… Read full this story
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