Aviation authorities turn down plan for new carrier

Published: 09/01/2011 05:00

0

221 views
The Civil Aviation Administration of
Vietnam (CAAV) has asked the Transport Ministry not to approve a plan by Vietnam
Airlines to establish an aviation joint stock company serving businesspeople.

The Civil Aviation Administration of
Vietnam (CAAV) has asked the Transport Ministry not to approve a plan by Vietnam
Airlines to establish an aviation joint stock company serving businesspeople.

November last year, CAAV received the VNJet plan proposed
by Vietnam Airlines and its partners: Hanoi Import-Export Joint Stock Company ,
and the finance investment joint stock company An Binh.

The new airline is expected to offer flights to
businesspeople, and have a chartered capital of VND50 billion (US$2.56 million)
with 20 percent of which contributed by Vietnam Airlines.

Vietnam Airlines has been required to concentrate resources
on the plan for VietAir based on restructuring of Vietnam Air Service Co. under
the Vietnam Airlines Corp.

Vietnam’s Civil Aviation Law requires companies to submit
their applications for new air carrier set-ups to CAAV and this agency will
forward lawful dossiers to the Ministry of Transport, and the ministry will
license a new airline upon approval from the Prime Minister.

CAAV said it took a maximum of 65 days for an application
to be screened and approved.

The ministry has licensed five private airlines, VietJet
Air, Indochina Airlines, Air Mekong, Trai Thien Air Cargo and Blue Sky Air. But
only Air Mekong has recently conducted flights.

Source: Tuoi Tre

Provide by Vietnam Travel

Aviation authorities turn down plan for new carrier - Travel - News |  vietnam travel company

You can see more



enews & updates

Sign up to receive breaking news as well as receive other site updates!

Ads by Adonline