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Friday, March 29, 2024

Gov’t urged to speed up licensing of Vietravel Airlines

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THUA THIEN-HUE – In an official letter sent to the Government Office, the Thua Thien-Hue Province People’s Committee has requested that an air transport business license be issued at the earliest to Vietnam Travel Airlines Co., Ltd. (Vietravel Airlines), an affiliate of the well-renowned tourism company Vietravel.

Once Vietravel Airlines is put into operation, it will create added value for the provincial economy and provide jobs to some 595 people, apart from contributing to the State budget thanks to domestic and international flights, according to the letter signed by Phan Ngoc Tho, chairman of Thua Thien-Hue People’s Committee.

In addition, Vietravel Airlines’ domestic flight network is connected to a large number of Vietravel’s tours to various destinations across the country.

Two other reasons cited in the letter were the investment of Vietravel Airlines in accordance with the transport development master plan of Vietnam as well as the Politburo’s Resolution 54-NQ / TW on the development of Thua Thien-Hue into a centrally-governed city.

Thua Thien-Hue leaders are committed to strongly supporting the investor to put the project into operation soon.

In May 2020, Vietravel announced the Prime Minister’s in-principle approval for the establishment of Vietravel Airlines with a total investment of VND700 billion.

Vietravel Airlines would be headquartered at Phu Bai International Airport in Thua Thien-Hue Province with the goal of providing domestic and international air transportation services

In the first year of its operation, it would have three Airbus and Boeing planes. The fleet would gradually grow bigger depending on the market demand.

According to its registration, Vietravel Airlines aims to become an airline that transports passengers, cargo and servicing parcels.

Vietravel Airlines needs both the air transport business license and the Aircraft Operator Certificate to be eligible to take off in the first half of 2021 when the air transport market recovers from the Covid-19 pandemic.

Vietravel Airlines targets to serve one million passengers during its first year of operation.

By Nhan Tam

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