The number of air travelers in Vietnam reached about 26.4 million in the first eight months of this year, jumping 27.3% from a year earlier as local airlines paid more attention to the domestic market. Foreign air travel visitors also rose 28.5% year on year to around 5.44 million during January-August. Expansion at the two airports and a new airport, Long Thanh, in the southern province of Dong Nai will ease the pressure. However, the expansion proposals at Tan Son Nhat and Noi Bai have not been approved yet, and the first phase of construction at Long Thanh will not start until 2019.
Prime Minister Nguyen Tan Dung on Oct 1 approved an investment report on the construction of Long Thanh International Airport near HCM City. During its first phase, 2020 – 2025, the 5,000ha airport is expected to handle 25 million passengers and 1.2 million tones of cargo. By 2030, it is expected to handle 100 million passengers and 5 million tones of cargo per year.
HCM City’s Tan Son Nhat has reached its designed capacity of 20 million passengers per year, three years sooner than expected. With 44 international and local airlines operating from there, the airport would become overloaded when the annual passenger count reaches 25 million. Read more
$6.5 trillion of goods travel by air, 35% of all world trade, but the market share for air cargo is decreasing. World trade has increased by 12% since 2010 but air cargo volumes have only grown by 2%. Revenues are shrinking: from $66 billion in 2010 to $59 billion in 2013. Four forces are challenging air cargo’s competitiveness— (1) changes in the economics of just-in-time manufacturing, (2) longer delivery lead times facilitated by improved predictability of demand, (3) innovation by our competitors (sea, rail, road), and (4) environmental pressures —there is clearly a need for the air cargo industry to take a long and hard look at its value proposition, so as to guide improvements in competitiveness. Read more
Vietnam Airlines resumed operation of its ATR-72 airplanes early Tuesday after grounding them for an inspection of their tires soon after one of them lost a front tire while landing the previous afternoon.
The crew were unaware that the aircraft had lost one of its two front tires until airport technical staff noticed it.
Over the next year Vietnam should become the world’s third-fastest growing market for international passengers and freight. It will also be the second-fastest growing market for domestic passengers. Martin Craig, PATA CEO, explains: “This massive increase in intra-Asian tourism and air travel is driven by the fact that many more people are going into the ‘middle-class’ status with discretionary income and one of the first things they want to spend their spare cash is on going overseas.”
There is room for further co-operation between the US and Viet Nam in developing aviation infrastructure, safety and security, industry officials said at a conference held on Wednesday, Sep 25 in HCM City.
The conference heard representatives from US aviation companies and US government experts from the Federal Aviation Administration (FAA) sharing their expertise to facilitate the goal of aviation progress in Viet Nam.
The conference focused on best practices in airport operations, including maximising airport traffic management to increase capacity, public-private partnership opportunities in Viet Nam’s aviation sector, and aircraft certification.
According to Le Van Tang, head of the Bidding Management Department at the Ministry of Planning and Investment, demand for annual capital to develop aviation infrastructure is estimated at $8 billion. He said that two aviation projects are calling for public-private partnerships, including the $250-million Van Don Airport in northern Quang Ninh and the $5.62-billion Long Thanh Airport in southern Dong Nai. The latter would carry 100 million passengers a year.