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
CHW30200 LUGGAGE – THE IDEAL TRAVEL COMPANION FOR MODERN JOURNEYS
• Compact & practical design – easy to carry on any trip• Optimized storage space – keep your belongings organized and efficient• Durable construction – enhanced protection for your essentials on the go
OKTOBERFEST VIETNAM 2026 RETURNS @ WINDSOR PLAZA HOTEL
Save up to 25% until 31 August 2026! For 30+ Tickets, contact Hotline for exclusive offers. From 23 - 26 September 2026, don't miss your chance to immerse yourself in the vibrant atmosphere of Oktoberfest Vietnam - one of Saigon's most anticipated celebration of German culture, cuisine and music. Inbox us to secure your ticket or contact.
THE REVERIE SAIGON’S MOONCAKE COLLECTION 2026 - THE MOONLIT BLOSSOMS
Inspired by the autumn full moon, blooming Osmanthus, and vibrant Peonies, The Reverie Saigon presents The Moonlit Blossoms collection, featuring three exquisite masterpieces that celebrate harmony, prosperity, and the joy of reunion. Discover more & Place your order: https://www.thereveriesaigondining.com/mooncake-collection-2026
GOV’T PROPOSES REDUCING INCOME TAX BY 30% FOR BUSINESS WITH REVENUE OF VND10 BLN
The Government is preparing to submit to the National Assembly a proposal to reduce income tax by 30 percent in the 2026–2027 period for business households, individuals, and enterprises with annual revenue up to VND 10 billion (US$381,621). The Government also proposes a 30 percent reduction in personal income tax for micro-enterprises with annual revenues of up to VND 10 billion in 2026 and 2027.
HÀ NỘI SEEKS NEW GENERATION OF FDI TO POWER TECH, INNOVATION-LED GROWTH
After more than three decades as one of Việt Nam's leading destinations for foreign investment, Hà Nội is entering a new phase, shifting its focus from attracting capital in volume to drawing technology-intensive investment that can help transform the capital into a regional hub for research, innovation and high-tech industries.
BANK COUPON RATE HITS RECORD HIGH OF 10% PER YEAR
Amid surging demand for capital, commercial banks have been ramping up bond issuance, with rates reaching a record high of 10 per cent per year. Sacombank has recently announced the completion of three private bond placements in July, raising a total of VNĐ3.65 trillion (US$139 million) to raise medium- and long-term capital, strengthen financial capacity, enhance risk resilience and meet regulatory capital requirements.
























