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Tourism Indochina: Vietnam Airlines invest

Vietnam Airlines has set out to achieve its 2015 goal to become the second largest airline in the South East Asian region, just after Singapore.

As planned, Vietnam Airlines will improve the quality of its services in addition to expanding its aircraft fleet to 104 in 2015 and 150 in 2020.

Vietnam Airlines currently ranks fourth in the region with 50 aircraft operating on 29 domestic and 36 international air routes.

Vietnam Airlines believes this goal will become attainable through a direct focus on upgrading air routes, developing infrastructure, training pilots and improving maintenance work. By:TourismIndochina.com/ Date : 2009-03-11

Vietnam Airlines Company Limited, trading as Vietnam Airlines (Vietnamese: Hãng Hàng không Quốc gia Việt Nam), is the national flag carrier of Vietnam. Founded in 1956 under the name Vietnam Civil Aviation, the airline was established as a state enterprise in April 1989. Vietnam Airlines is headquartered in Long Bien, Hanoi, with hubs at Noi Bai International Airport and Tan Son Nhat International Airport. The airline flies to 46 destinations in 19 countries, excluding codeshared services.

Vietnam Airlines was officially formed in 1996, after bringing together several service companies. The company is overseen by a seven-seat management board, members of which are appointed by the Vietnamese Prime Minister. With the core activity of the airline being passenger transportation, Vietnam Airlines also earns revenue from catering and the maintenance and overhauling of aircraft through a number of its subsidiaries. The maintenance and overhauling of aircraft is handled by Vietnam Airlines Engineering Company (VAECO), while the former is performed by Noibai Catering Services Join-Stock Company and Vietnam Air Caterer, who cater airlines that use Vietnam Airlines’ hubs. The airline also controls and operates its cargo division, Vietnam Airlines Cargo, using the airline’s luggage hold on its passenger fleet, as well as a number of dedicated aircraft.[nb 1] Vietnam Airlines owns 100% of Vietnam Air Service Company (VASCO) —a regional airline in southern Vietnam—, 70% of the low-cost carrier Jetstar Pacific Airlines, and 49% of the Cambodian national airline Cambodia Angkor Air. Vietnam Airlines became a member of SkyTeam on 10 June 2010, making it the sole Southeast Asian carrier to join that alliance.

by S. C.
07 august 2012, World News > Asia

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