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Increasing competition will cut down airlines’ profits

Domestic airlines may face difficulties in achieving high revenues in 2019 and profits are anticipated come mainly from the decline in oil prices and service fees from international visitors.

Vietnam Airlines encounters difficulty due to high fuel prices

The average fuel price in the third quarter rose by 37.5 per cent over the same period, which caused the total cost of Vietnam Airlines to increase higher than its total revenue.

Is Jetstar Pacific impeding Vietnam Airlines’ growth?

Within five years after being operated by Vietnam Airlines, Jetstar Pacific has never competed with VietJet Air and it also broke loss records even though its revenue has grown in line with the overall trend of the market.

Vietnam Airlines contests claims against pilot matters

Vietnam Airlines ascertained that the recruitment of Vietnamese pilots is in accordance with international standards and relevant matters of termination and reimbursement abide by prevailing laws.

Low-cost carrier Jetstar Pacific sinks into losses

Jetstar Pacific, the first low-cost carrier in Vietnam, has repeatedly reported losses over the past few years with the accumulated loss of $184 million, exceeding its charter capital.

Inadequacies still need to be resolved before Bamboo Airways' takeoff

The number of airplanes ordered and purchased by Bamboo Airways is beyond the guidelines approved by the Prime Minister as well as the application for air transportation business license of the airline remains pending.

Transporting components for Samsung, ALS earned $42 million in revenue

Inheriting the monopoly advantage in the aviation industry from its founding shareholders, ALS quickly harvests the rewards from choosing the right target to focus on, which is the demand for transportation of goods, components production of foreign direct investment (FDI) enterprises such as Samsung and LG to industrial parks around Hanoi city.

Vietnam's national flag air carrier hikes salary to retain pilots

The salary adjustment in early this month has become the strongest pay modification of Vietnam Airlines, in which the pilot’s salaries increase by 20 percent.

Sharp increase in oil prices casts a shadow over Vietjet Air, Vietnam Airlines and Bamboo Airways

The majority of airlines operating expenses are fuel costs, which has increased 41 percent since the beginning of the year and it is predicted to continue increasing in the near future.

Partnering with King Power, Vietnam Airlines resumes its inflight duty-free service

After an unsuccessful cooperation with Imex Pan Pacific Group and Noi Bai Airport Services Company, Vietnam Airlines is about to reopen its inflight duty-free service by cooperating with King Power, a “tycoon” of duty-free goods retail from Thailand.

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