The Aviation Authority of Vietnam has just reported to the Ministry of Transport results appraised application dossier for air transportation business of Tre Viet.
Civil Aviation Authority of Viet Nam said that with a large population, economic growth and a positive forecast on the growth of air transport, the aviation market is big enough for new Vietnamese airlines. exploitation. The Civil Aviation Authority of Vietnam supports investors who have the potential, determination and desire to participate in the air transport business.
For Tre Viet, the dossier of application for a business license for air transportation is complete and valid, satisfying the conditions on capital, the plan to ensure the exploitation of airplanes and organizational apparatus. Business plans and product development strategies stipulated in Decree 92/2015 and in accordance with the brand name regulations of the airline.
Tre Viet company, with the orientation to exploit the traditional model but reasonable cost, exploit the local routes for tourism development, the inter-regional routes connecting the tourist sites of Vietnam with together. Cities such as Hanoi, Ho Chi Minh City and other countries in the region will create new products, new markets and improve the competitiveness of Vietnam’s aviation market.
At the same time, increased choice for passengers traveling by air. The addition of new airlines is also in line with the aviation business plan approved by the Prime Minister.
Based on the three-plane business plan for the first year (2019), up to 10 aircraft in 2023 and the use of Noi Bai, Van Don and Phu Cat airports as landing sites. Overnight of Tre Viet Company. The Aviation Authority of Vietnam affirms that the unit is fully capable of supervising flight safety, maintenance as well as pilot certificates for the fleet of Tre Viet company and the infrastructure of Vietnam airports, Demand for exploitation according to business plan and product development of this company.
The licensing of air transportation business for Tre Viet is an important legal basis for the company to participate in the business of air transportation. However, in order to be able to become a real airline capable of operating aircraft and providing services to the public, Tre Viet Company must have an AOC and be deployed. Specific tasks related to ensuring safety, security and quality of service.
The Aviation Administration of Vietnam has made recommendations in implementing the strategy of developing the fleet and the five-year development plan for the period of 2019-2023 of Tre Viet. For the operation of the company after the licensing of KDVCHK meet the requirements of ensuring safety, security, quality of service as well as not put pressure on the airport infrastructure, safety supervision capacity of the aviation authorities …
The Civil Aviation Administration of Vietnam will closely monitor the application process of AOC of Tre Viet as well as the implementation of the Law on Civil Aviation on the implementation of trade promotion and transport business. air.
“Based on the above analyzes and legal provisions, the Civil Aviation Administration of Vietnam recommends the Minister to consider and implement further procedures to grant licenses to Vietnam Treasury …” – Aviation Department petition .
It is expected that the scale of operation of the fleet of Tre Viet company is 3-10 aircraft in the five-year period 2019-2023. The company has an agreement with CDB Aviation Lease Finance (Hong Kong) for the lease of three new A320 aircrafts for an eight-year term. In addition, FLC Group (parent company) has also signed a memorandum of understanding on the purchase of 24 A321 NEO aircraft.
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