The company's CEO Nguyen Quoc Ky said the domestic aviation market is still "full of potential."

With a population of more than 100 million and the number of foreign visitors rising steadily year after year, hitting the highest ever at 15.5 million last year, it is still modest for Vietnam to have only five airlines, he told a recent meeting on tourism in Hue, Thoi Bao Kinh Te Sai Gon reported.

If launched, Vietravel's airline will be the sixth in Vietnam.

"The plan of Vietravel will help create more new flight routes to and from Hue, and thus connect the city with more tourists," said Nguyen Van Phuc, deputy director of Thua Thien – Hue Province, home to the imperial town of Hue.

This will also get along with a plan to upgrade Phu Bai International Airport in Hue to raise its annual capacity from 1.5 million passengers to 5 million.

Vietravel has taken the first steps into the airline industry through organizing charter flights with its partners.

For the past two years, it has operated around 300 charter flights both domestically and internationally each year.

Vietnam’s newest airline, Bamboo Airway, recently completed its maiden flight.

The four other carriers currently in Vietnam are Vietnam Airlines, Vietjet Air, Jetstar Pacific, and VASCO.

Together, the four of them transport more than 50 million passengers last year, up 14 percent against 2017, according to the Civil Aviation Authority of Vietnam.

The number of passengers through Vietnam airports during the year increased 12.9 percent to 106 million passengers.

Vietnam Airlines wins big at World Travel Awards

National flag carrier Vietnam Airlines has won the World’s Leading Airline – Premium Economy Class 2018 and the World’s Leading Cultural Airline 2018 titles of the World Travel Awards (WTA).

 

Vietnam Airlines, El Al Israel Airlines launch codeshare partnership

National flag carrier Vietnam Airlines and El Al Israel Airlines (LY) launched a reciprocal codeshare partnership during a signing ceremony in Tel Aviv on November 12. 

 

Budget airline Vietjet valued second in Southeast Asia

Vietnam’s largest private airline, Vietjet Aviation, is the second most valuable airline in Southeast Asia by market capitalization.

 

Vietnam Airlines launches Da Nang-Osaka route

The first flight of the national flag carrier Vietnam Airlines from the central city of Da Nang to Japan’s Osaka city was launched on October 28

 

Vietnam Airlines to launch Da Nang-Osaka route

National-flag carrier Vietnam Airlines has announced that it will launch a new air route linking the central city of Da Nang to Japan’s Osaka city on October 26.

 

Source: VnExpress