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Vietnam Airlines

Pham Ngoc Minh, President & Chief Executive Officer
Pham Ngoc Minh
President & Chief Executive Officer
IATA Code
VN
ICAO Code
HVN
Corporate Address
200 Nguyen Son Str.,
Long Bien Dist.,
Ha Noi city,
VIETNAM
Website
http://www.vietnamairlines.com
Main hub
Ho Chi Minh City Tan Son Nhat Airport
Country
Vietnam
Business model
Full Service Carrier
Network
Domestic | International
Airline Group
Part of Vietnam Airlines Corporation
Alliance
SkyTeam
Joined Alliance
2010
Association Membership
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Vietnam Airlines

Based in Hanoi, Vietnam Airlines is the national airline of Vietnam and wholly-owned by the Vietnamese government. Utilising a fleet of narrow and wide-body Airbus, Boeing, and ATR aircraft, Vietnam Airlines operates an extensive network of domestic and regional services within Southeast and North Asia and international services to Europe and Australia. Vietnam Airlines joined the SkyTeam alliance in 2010.

Location of Vietnam Airlines main hub (Ho Chi Minh City Tan Son Nhat Airport)


 
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893 total articles

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46 total articles

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VietJet Air continues domestic expansion in Vietnam as its IPO approaches

27-Aug-2015 12:46 PM

VietJet Air is pursuing further domestic expansion as demand for travel within Vietnam continues to grow rapidly. VietJet secured a 40% share of Vietnam’s domestic market in Jul-2015 and should soon be able to capture a 50% share.

VietJet is launching services on 1-Oct-2015 to Pleiku, which will become its sixteenth domestic destination, and is now looking at using regional jets to open up new secondary domestic destinations which cannot be accessed by its fast-growing fleet of A320 family aircraft. VietJet is keen to test out a new regional strategy by wet-leasing an Embraer E195, which would be used to launch services by the end of 2015 to the Vietnamese resort island of Con Dao.

International expansion has been relatively modest and is much more risky than domestic expansion. VietJet is launching services in Oct-2015 to Yangon, its fifth scheduled international destination, but is wisely focusing most international expansion on charters, particularly to China. VietJet also has been very slow at expanding its affiliate in Thailand, where competition is more intense and market conditions are less favourable.

Cathay Pacific Airways' long-haul growth could provoke Asian airline consolidation; ANA and SIA?

1-Jun-2015 1:09 PM

Locally in Hong Kong, Cathay Pacific has been in a rotating series of staff disputes with threats of work stoppages. But elsewhere in Asia competitor airlines have cast a worrying glow over Cathay and its long-haul growth. Cathay in Apr-2015 received its 50th 777-300ER; this in contrast to its previous long-haul workhorse, the 747-400, which numbered only 24 at its peak fleet size.

Cathay is the only Asian airline to have a significant presence in all three of Asia’s core long-haul markets: Australia, Europe and North America. Europe and North America will receive further growth as A350s arrive, while Australia expansion hinges on gaining added traffic rights. Cathay’s geography in the middle of Asia gives it cross-regional reach lacking at competitors, which are often smaller than Cathay.

A likely outcome of these dynamics is the evolution of deep partnerships between Northeast and Southeast Asian airlines. As they further consider endgame scenarios, consolidation becomes a possible future direction. Mergers will not be as integrated as in Europe, let alone North America, but the pressure for some forms of closer relationships is growing. One possible example could be a pairing of All Nippon Airways and Singapore Airlines.

A350 update: Qatar Airways only operator, but Vietnam Airlines, Finnair and Cathay firm up plans

31-Mar-2015 2:00 PM

It has been more than three months since Qatar Airways took delivery on 22-Dec-2014 of the world's first A350 XWB. Since then Qatar has taken delivery of only a second aircraft and has used it to increase Doha-Frankfurt service from one to two daily flights, perhaps for operational or commercial reasons although far catchier was Qatar CEO Akbar Al Baker's explanation the double daily A350 would "rub salt in the wound" of Lufthansa.

A far greater commitment is in Singapore, where Qatar Airways will have three daily A350 flights to Singapore, a longer flight than Frankfurt. Singapore may be the first airport to see two A350 operators when Finnair commences A350 service there after other Asian points.

Vietnam Airlines will launch A350 service to Paris CDG while Cathay Pacific may make Auckland an early A350 destination. A350 configurations range from 280 to 305 seats. No airline has first class (yet) and business class seat counts range from 29 to 46, with business class comprising 10-15% of total seats.

Cambodia aviation Part 2: Expansion at start-ups Bassaka Air, Bayon Airlines to drive growth in 2015

30-Jan-2015 6:51 PM

Cambodia’s dynamic airline sector should experience rapid growth in 2015 as start-ups Bassaka Air and Cambodia Bayon Airlines launch international services. Both airlines have so far been limited to domestic services but are aiming to launch several routes to China.

Bassaka and Bayon became the third and fourth Cambodian carriers in late 2014, joining Cambodia Angkor Air and the newly rebranded Sky Angkor Airlines. All four airlines are banking on China for expansion as other markets are intensely competitive and do not have the same growth opportunities.

There is huge potential for growth in the Cambodian market, which has traditionally been dominated by foreign carriers. But Cambodia may not be able to support four local carriers over the long term. A third start-up has already suspended operations and other potential start-ups seem to be reassessing their plans.

VietJet Air 2015 outlook: more rapid domestic growth as it defers long-haul plans. IPO late 2015

20-Jan-2015 11:19 AM

VietJet Air is planning to focus on domestic expansion and growing its North Asian network in 2015 as Vietnam’s leading LCC again aims to double in size. VietJet is seeking to grow further its share of the Vietnamese domestic market, which has already surpassed 30%, while launching services to China, Hong Kong and Japan.

VietJet Air roughly doubled its fleet and traffic in 2014, ending the year with six million passengers and almost 20 aircraft. The airline aims to again double passenger numbers in 2015 as the fleet is expanded by about another 10 aircraft.

But VietJet has made a major and sensible strategic adjustment in deciding to focus primarily on the domestic market. Plans for acquiring widebody aircraft and entering the long-haul sector have been delayed for at least three years. Instead VietJet is considering regional aircraft, which would be used to further bolster its domestic position.

Gulf 'Year of the Fleet' as Qatar Airways receives A350/A380 and Etihad Airways its A380/787

28-Dec-2014 6:00 PM

The very end of 2014 was one of the most important parts of the year for Gulf airlines as they received new aircraft: the world's first A350 for Qatar Airways, which took its first A380 a few months prior, while Etihad received its first A380 and 787-9. These are more than just new toys: they bring improvements both operationally and customer-facing. The Gulf has been building up high-end premium products and the new aircraft cement the region's position of offering some of the best, if not the best, products.

Gulf airlines once sold on the basis of price and often convenience. As they expand their networks and build frequencies they are now moving into higher-end premium cabins, strengthening loyalty programmes, constructing new terminals and airports and have hubs with an increasing number of local activities for a stopover. Meanwhile in the old world airports are becoming more constrained, politicians remain ineffective and uninterested and legacy airlines are slow to invest while facing unpredictability from staff strikes. This brings a change to Gulf carriers that is actively welcomed by passengers; but protectionist rhetoric and use of regulatory constraints is increasing.

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This content is exclusively for CAPA Membership Subscribers

CAPA Membership gives you the latest aviation news and alerts, access to CAPA articles, reports, and our leading aviation data with optional premium add-ons.

This content is exclusively for CAPA Membership Subscribers

CAPA Membership gives you the latest aviation news and alerts, access to CAPA articles, reports, and our leading aviation data with optional premium add-ons.

This content is exclusively for CAPA Membership Subscribers

CAPA Membership gives you the latest aviation news and alerts, access to CAPA articles, reports, and our leading aviation data with optional premium add-ons.

This content is exclusively for CAPA Membership Subscribers

CAPA Membership gives you the latest aviation news and alerts, access to CAPA articles, reports, and our leading aviation data with optional premium add-ons.

This content is exclusively for CAPA Membership Subscribers

CAPA Membership gives you the latest aviation news and alerts, access to CAPA articles, reports, and our leading aviation data with optional premium add-ons.

This content is exclusively for CAPA Membership Subscribers

CAPA Membership gives you the latest aviation news and alerts, access to CAPA articles, reports, and our leading aviation data with optional premium add-ons.

This content is exclusively for CAPA Membership Subscribers

CAPA Membership gives you the latest aviation news and alerts, access to CAPA articles, reports, and our leading aviation data with optional premium add-ons.

This content is exclusively for CAPA Membership Subscribers

CAPA Membership gives you the latest aviation news and alerts, access to CAPA articles, reports, and our leading aviation data with optional premium add-ons.