Vietnam’s new airline Vietstar gets nod for takeoff
Vietstar Airlines would be the first airline getting AOC for business jets in Vietnam, as the airline is expected to provide VIP service for individuals, groups, local and foreign businesses.
Vietstar Airlines, a joint venture airline between private and military entities, has been granted the Aircraft Operator Certificate (AOC) by the Vietnam Civil Aviation Authority and gets a step closer to start operation.
Illustrative photo.
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Embraer Legacy 600 is a business jet derivative of the Embraer ERJ 145 family of commercial jet aircraft, while the Beechcraft King Air B300 is part of a line of twin-turboprop aircraft produced by Beechcraft.
Vietstar Airlines would be the first airline to obtain AOC for business jets in Vietnam, as the airline is expected to provide VIP service for individuals, groups, local and foreign businesses.
Three major shareholders of Vietstar Airlines include Aircraft Repair Company A-41 under the Air Force and Air Defense of the Ministry of Defense, Vietstar Airlines and Tin Thanh Delivery Express with charter capital of VND400 billion (US$17.16 million).
Vietnam currently has five airlines, including national carrier Vietnam Airlines, budget operator Jetstar Pacific Airlines (partly owned by Vietnam Airlines), budget carrier Vietjet Aviation, Vietnam Air Services (VASCO) and Bamboo Airways.
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Vietnam news in brief - August 24
Read The Hanoi Times to stay up to date on developments in Vietnam.
- Growing number of FDI firms moving to Vietnam
- Vietnam Gov’t committed to facilitating Adani Group’s US$2-billion port project
- Vietnam Railway proposes US$87 million for Hanoi–Dong Dang railway upgrade
- Vietnam’s North-South high-speed railway to be designed for 350km/h
- Vietnamese gov’t urged to address impact of global minimum tax
- Samsung plans drastic investment increase in Vietnam over next three years