Following its application with Vietnam\u2019s Ministry of Transport for an \u201cair transport business license,\u201d the commercial arm of Vietnam\u2019s Air force, Vietstar Air, could soon become the country\u2019s first airline to operate commercial freighters, according to local media sources.\u00a0
\nAt present, Vietstar Air provides the occasional passenger or cargo charter, alongside a host of aircraft repair and pilot training services. But if the airline\u2019s general director, Pham Trinh Phuong, gets his way, the military will eventually operate a mixed fleet of freighters and passenger aircraft.\u00a0 Phuong plans to build upon the company\u2019s established \u201ccorporate identity,\u201d with the addition of new services, which would transform the company into \u201ca cargo carrier airline.\u201d
\nSources claim that Vietstar plans to operate a mixed fleet of narrowbody 737s and A320s, in addition to its current fleet of passenger and cargo aircraft. The airline would focus initially on intra-Asian routes from its hub in Ho Chi Minh to destinations in neighboring Southeast Asian countries.
\nLocal media reports that Vietstar only faces one caveat \u2014 its current market capitalization is about US$2 million short of meeting the government-mandated minimum threshold of $40 million to qualify for the license. However, given the airline\u2019s close relationship with the government, licensing matters are unlikely to hinder Vietstar.
\nVietnam\u2019s Civil Aviation Administration chief, La Xuan Thanh, has already made it clear that the organization plans to back Vietstar. In a statement regarding Vietstar\u2019s application for a license, Xuan Thanh said the CAAV “will create favorable conditions for Vietstar Airlines to participate in domestic and international air transport and direct the airline to become a cargo carrier.”
\nSource: aircargoworld<\/p>\n","protected":false},"excerpt":{"rendered":"
Following its application with Vietnam\u2019s Ministry of Transport for an \u201cair transport business license,\u201d the commercial arm of Vietnam\u2019s Air force, Vietstar Air, could soon become the country\u2019s first airline to operate commercial freighters, according to local media sources.\u00a0 At present, Vietstar Air provides the occasional passenger or cargo charter, alongside a host of aircraft[…]<\/a><\/p>\n","protected":false},"author":1,"featured_media":1314,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[49],"class_list":["post-1313","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-airport-code"],"_links":{"self":[{"href":"https:\/\/www.actlogistics.vn\/en\/wp-json\/wp\/v2\/posts\/1313","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.actlogistics.vn\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.actlogistics.vn\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.actlogistics.vn\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.actlogistics.vn\/en\/wp-json\/wp\/v2\/comments?post=1313"}],"version-history":[{"count":0,"href":"https:\/\/www.actlogistics.vn\/en\/wp-json\/wp\/v2\/posts\/1313\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.actlogistics.vn\/en\/wp-json\/wp\/v2\/media\/1314"}],"wp:attachment":[{"href":"https:\/\/www.actlogistics.vn\/en\/wp-json\/wp\/v2\/media?parent=1313"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.actlogistics.vn\/en\/wp-json\/wp\/v2\/categories?post=1313"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.actlogistics.vn\/en\/wp-json\/wp\/v2\/tags?post=1313"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}