If we once harbored suspicions about the fate of the global aviation industry, today, those doubts have transformed into a more ambiguous yet optimistic perspective. The aviation industry has traversed a tumultuous path, and amidst the uncertainties, several opportunities have come into focus, illuminating the way forward. In this article, we embark on a collective …
Key Risks Facing the Aviation Industry in 2023 As the aviation industry strives to regain its wings after the tumultuous impact of the Covid-19 pandemic, it faces a series of formidable challenges in 2023. With the pandemic still leaving its mark on global economies and geopolitical tensions lingering, the industry grapples with critical risks that …
MRO CHALLENGES IN ASIA AND SOLUTIONS What does the future hold for MRO in Asia? As the region witnesses rapid growth in air travel in recent years, the increasing demand for maintenance services becomes impossible to ignore. However, amidst this growth, the MRO sector in Asia also confronts significant challenges. In this post, we delve …
Vietnamese aviation sector to fully recover by end of year The Vietnamese aviation sector is expected to fully recover from the impact of the COVID-19 pandemic by the end of 2023 with an estimated 80 million passengers and 1.44 million tonnes of cargo to be transported by air this year, according to the Civil Aviation Authority of …
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Vietnam Aviation Overview Since ending COVID-19 travel restrictions, Vietnam now leads the world’s fastest-recovering domestic aviation sector and is the world’s 5th fastest-growing aviation market, expected to reach 150 million air transport passengers by 2035, according to the International Air Transport Association (IATA). During the first six months of 2022, Vietnam’s airports served 40.7 million …
Aviation industry could see revival in second half of 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 …
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Long Thanh International Airport to Break Ground Next Week The aviation industry in Vietnam is growing fast. With new startups in Vietnam like Vietravel Airlines, Bamboo Airlines, and VietJet Airlines emerging, airports in Vietnam can handle limited passengers. For example, Ho Chi Minh City’s main airport, Tan Son Nhat International Airport, is designed to handle …
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Vietnam’s sixth airline launched The Vietnam Travel Aviation Company Limited (Vietravel Airlines), the sixth airline in Vietnam, made its debut on December 26 after meeting all requirements and completing necessary procedures for operating commercial flights. Hanoi (VNA) – The Vietnam Travel Aviation Company Limited (Vietravel Airlines), the sixth airline in Vietnam, made its debut on December …