aviation

Retail Asia13/04/2022

The Civil Aviation Authority of Vietnam has recommended a 3.7-percent increase in domestic fare caps to enable airlines to cope with surging fuel prices. In a proposal it submitted to the Ministry of Transportation, it said fuel costs have risen by 84 percent since September 2015, when the current caps were introduceThe price of aviation […]

Retail Asia12/04/2022

On Mar. 15, Vietnam fully reopened its borders to foreign tourists, allowing quarantine-free entry and reinstated its pre-pandemic visa policies, including waivers for nationals of 24 countries. “These positive moves have contributed to strengthening confidence in a brighter picture for the aviation industry this year,” Nguyen Huu Nam, deputy director of the HCMC chapter of […]

Retail Asia24/03/2021

Vietnamese carriers could suffer a loss of more than VND15 trillion ($649 million) this year with the suspension of commercial international flights still in effect. The Vietnam Aviation Business Association says in a report sent to the Ministry of Planning and Investment that domestic airlines had already posted a loss of over VND18 trillion last […]

Retail Asia18/03/2021

Its effective pandemic response has seen Vietnam become the 10th largest aviation market with a week-on-week growth of 12 percent in domestic seat capacity. Vietnam registered an additional 117,000 seats between March 8-15, raising its total scheduled capacity to 1.07 million seats, according to data released Tuesday by British aviation analysis company OAG. Despite this […]

Retail Asia21/01/2021

The aviation industry will recover in the second half of 2021 with the advent of coronavirus vaccines, SSI Securities Corporation has forecast. While it would be a difficult year since the coronavirus variant identified in the U.K. is spreading quickly and new outbreaks are emerging in many countries, “the future of the aviation industry could […]

Retail Asia09/05/2019

Malaysian budget carrier AirAsia says it will keep trying to crack the Vietnamese market even as analysts warn it has “missed the boat” after its latest failed attempt to set up a joint venture in the country. The airline announced on Wednesday that it has terminated an agreement with Thien Minh Group, under which it was to […]

Retail Asia11/03/2019

Asia Aviation Capital Ltd (AACL), the aircraft leasing unit of AirAsia Group Bhd, has acquired four newly incorporated companies in Ireland. AirAsia said in a stock exchange filing that AACL — its indirect wholly-owned subsidiary — had acquired the entire issued and paid-up share capital of Merah Aviation Asset Holding Two Ltd, Merah Aviation Asset […]

Retail Asia20/02/2019

Vietnam might find it difficult to maintain its aviation safety rating due to a lack of qualified personnel, experts caution. The U.S. Federal Aviation Administration (FAA) Friday gave Vietnam a Category 1 safety rating, allowing local airlines to operate direct flights to the U.S. “Acquiring this rating is hard, keeping it is going to be even […]

Retail Asia12/12/2018

A new Vietnam-based airline set up by Malaysian budget carrier AirAsia and a local company is expected to fly by next August. Tran Trong Kien, CEO of Hanoi-based resort ooperator Thien Minh Group, AirAsia’s partner, said that applications for aviation licenses would be made next February and likely obtained in six months. Vietnam will become the […]

Retail Asia22/10/2018

Vistara, the joint venture airline of Tata Sons Ltd and Singapore Airlines Ltd (SIA), may face the cascading effect of an ongoing probe into AirAsia India’s operations. The Central Bureau of Investigation (CBI)-led probe into AirAsia India, in which Tata Sons own a 49% stake, may be forcing the government to withhold permission sought by […]

Retail Asia08/01/2018

Vietnam’s government has approved plans to expand its air network to major markets including Australia, China, Europe and the United States starting from this year. According to the plan, Vietnam Airlines will go through with its proposal to open non-stop services to the U.S., starting with direct flights to the west coast in 2018. The […]

Retail Asia06/12/2016

FL Technics has opened its MRO hangar at Soekarno-Hatta International Airport, Jakarta, Indonesia, and reached cooperation agreements with ten Asian airlines. The 9,000-square-meter facility accommodates up to three narrowbodies and is certified to serve 737NGs and CLs, A319s, A320s and A321s. Line maintenance has started and base maintenance will begin in 2017. Zilvinas Lapinskas, CEO […]

Retail Asia07/04/2016

Inmarsat has announced it will use its new Global Xpress (GX) satellite fleet to provide in-flight connectivity services for the airline industry. The company will launch its Global Xpress Aviation offering this year, and has already arranged to serve initial customers including Lufthansa, Singapore Airlines and Jazeera Airways. Inmarsat’s GX network entered commercial service in […]

Retail Asia25/11/2015

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The first CAPA Asia Pacific Airport CEO award has been given to Dubai Airports CEO Paul Griffiths for his ‘outstanding strategic thinking and innovative direction for the growth of their business and the industry.’ The award was presented by CAPA Executive Director Peter Harbison in Singapore on 23 November, with Griffiths singled out for ‘successfully […]

Tag: aviation

Vietnam Aviation under pressure

Aviation yet to gain takeoff momentum

Aviation industry to suffer $649 mln loss

Vietnam among world’s 10 largest aviation markets

Aviation industry could see revival in second half of 2021

AirAsia fails again in Vietnam partnership bid

AirAsia buys Irish leasing units; Citilink Indonesia bid rejected

Vietnam aviation faces safety rating challenge

AirAsia’s Vietnam venture set to fly in August

AirAsia probe may ground Vistara international flights

Vietnam confirms plan to fly non-stop to California in 2018

FL Technics Opens for Business in Jakarta

Inmarsat to debut GX Aviation this year

CAPA names Dubai’s Griffiths top Asia CEO