Want to be in the loop?
subscribe to
our notification
Business News
MINISTRY ASKS CARRIERS TO DEVELOP FLEET OPERATION PLAN TO MEET SUMMER TRAVEL DEMAND
The Ministry of Transport has asked carriers to develop aircraft fleet operation plans to meet the rising travel demand for the upcoming national holidays and summer peak.
In a document sent to the Civil Aviation Authority of Việt Nam, the ministry said that the restructuring of some airlines’ fleet and flight networks, coupled with the recall of PW1100 engines by Pratt & Whitney for repair, have affected the load on both international and domestic flight routes, causing difficulties to passengers in terms of prices and schedules.
Statistics showed that the aircraft fleet in operation in Việt Nam has been reduced by 25 per cent, from 223 in 2023 to 173 in the first quarter of this year.
The request is raised in the context that the upcoming national holidays of South Vietnam Liberation Day on April 30th and Labour Day on May 1, and summer holidays, will push up air travel demand.
Accordingly, airlines must develop aircraft fleet operation plans to meet the demand as well as raise solutions to reduce flight cancellations or delays and improve service quality.
The ministry asked the Civil Aviation Authority of Việt Nam to enhance supervision over the air transportation services, ticket listings and sales to prevent illegal increases in air tickets. Any violations must be promptly handled.
In addition, flight operation plans and adjustments must be made public so that passengers can be active with their travel plans.
Pratt & Whitney’s recall of its PW1100 engines affects several Airbus A321 NEO operated by Vietnam Airlines and Vietjet, meaning that these planes will be grounded in 2024 and 2025.
According to Vietnam Airlines’ general director Lê Hồng Hà, the shortage of aircrafts caused by engine repair and maintenance poses significant difficulties to airlines in 2024.
The problem is that it takes up to 250-300 days for maintenance of an engine, compared to the previous average maintenance time of 100-120 days due to the disruption in supply chains.
Vietnam Airlines currently operates around 60 A321, 12 of which must be grounded for the engine maintenance.
Other airlines are struggling with restructuring.
Starting from March 18, Pacific Airlines (part of the Vietnam Airlines Group) suspends flight operations to restructure its fleet and flight network in an effort to ensure operational efficiency. After returning the aircrafts to clear debt, the airline will not operate any aircraft but rent from Vietnam Airlines.
Bamboo Airways is also undergoing a major restructuring. It has been shutting down all international flight routes and low-performing domestic routes since the end of last year, including routes from HCM City and Hà Nội to Côn Đảo starting from April.
Bamboo reached an agreement to terminate a lease contract on three Embraer E190 jets, narrow-body aircraft accommodating up to 114 passengers, by the end of March. The aircraft fleet of Bamboo will be reduced from the peak of 30 to only 8 from April 2024.
The Civil Aviation Authority of Việt Nam said that the reduction in the number of aircraft in operation would affect the air transport load this year.
The authority asked air carriers to have plans to make up for the shortage of jets, especially in peak periods such as summer holidays.
Airlines must announce adjustments of flight schedules daily and keep passengers updated.
Source: VNS
Related News
VIỆT NAM BREAKS INTO GLOBAL TOP 10 FOR REAL ESTATE TRANSPARENCY IMPROVEMENTS
Việt Nam has emerged among the world’s 10 most improved real estate markets in terms of transparency dủing the 2024-26 period, according to the 2026 Global Real Estate Transparency Index released by global real estate services firm JLL. Overall, Việt Nam ranked 50th among 88 countries and territories surveyed, with a transparency score of 3.15, remaining in the 'Semi-Transparent' category.
VIỆT NAM'S BUSINESSES MOVE TOWARDS AI AGENTS
Việt Nam’s AI landscape is entering a new phase as businesses move beyond generative AI (GenAI) tools designed to assist human users towards autonomous AI, agentic AI and AI agents that can take action with limited supervision, experts have said. The shift comes as Việt Nam seeks to accelerate science and technology, innovation and digital transformation under Politburo Resolution 57-NQ/TW, issued on December 22, 2024.
VIỆT NAM TARGETS $48 BILLION IN TEXTILE-GARMENT EXPORTS
Việt Nam’s textile and garment industry is facing both opportunities and challenges amid complex and unpredictable developments in the global market, prompting businesses to improve growth quality, optimise production costs and enhance adaptability in pursuit of an export turnover of about $48 billion this year. The target is considered an important milestone that requires concerted efforts from management agencies and the business community.
VIETNAM’S TRADE TOPS $825 BILLION BY MID-SEPTEMBER
Figures released on September 21 showed goods trade reached nearly $55 billion in the first 15 days of September alone, bringing cumulative turnover since the beginning of the year to more than $825 billion. The strong growth reflects robust trade flows, with demand for consumer goods and production inputs remaining high.
VIETNAM AND CHINA DISCUSS POLICIES TO SUPPORT PRIVATE-SECTOR GROWTH
On September 21, at the Ministry of Finance headquarters in Hanoi, Deputy Minister Nguyen Duc Chi held talks with a delegation from the Central Social Work Department of the Communist Party of China Central Committee, led by Zhao Shitang, Deputy Minister of the department. Deputy Minister Chi warmly welcomed the delegation and highlighted the significance of the visit in learning about Vietnam’s management of the non-state business sector, particularly the registration, management, and operation of private enterprises.
CUTTING LOGISTICS COSTS KEY TO BOOSTING EXPORTS
Reducing costs has become an increasingly urgent priority for import-export activities, particularly logistics costs, a conference in Hà Nội was told on Tuesday. According to Deputy General Director of the Ministry of Industry and Trade's Agency for Foreign Trade, Trần Thanh Hải, import-export activities has remained a bright spot for the economy in recent years, playing an important role and helping drive macroeconomic growth.






















