on cargo is not a simple matter, nor something that happens overnight. Indeed, cargo is an activity precious few low cost carriers (LCCs) dare to dirty their hands on. The very idea runs smack in the face of the LCC business model, one premised around high utilisation via very short turn-around times and of course, low overheads.“Cargo matters,†the head of cargo for Malaysia-based AirAsia group, Sathis Manoharen says emphatically. “Cargo presents an unique opportunity for the … [Read more...] about Cargo matters at AirAsia
Vietjet
VIETNAM: AirAsia takes plunge into Vietnam
AirAsia is set to begin operating from Vietnam after reaching an agreement to take a 30 per cent stake in VietJet Aviation Joint Stock Co. which has only just recently been licensed as the country’s first entirely private airline, but is not yet flying. The new company is aiming to be flying by June under the brand VietJet AirAsia. The new AirAsia sibling joins the carrier’s other brands: Thai AirAsia, Indonesia AirAsia and long-haul operator AirAsia X. The move comes … [Read more...] about VIETNAM: AirAsia takes plunge into Vietnam
VIETNAM: First privately-owned airline for Vietnam
The Vietnamese government has licensed the country's first privately owned airline, Vietjet. The new carrier says initially it will operate domestic routes between Hanoi, Ho Chi Minh City and Danang next year and is aiming to eventually offer flights to Hong Kong, Singapore and Bangkok. It joins the country's three state-owned airlines: Vietnam Airlines, Pacific Airlines and Vasco. … [Read more...] about VIETNAM: First privately-owned airline for Vietnam
Vietjet
Vietnam's first privately owned airline, Vietjet has been licensed by the government and the new carrier says it will start operating domestic routes between Hanoi, Ho Chi Minh City and Danang next year. Eventually it may offer flights to Hong Kong, Singapore and Bangkok. … [Read more...] about Vietjet
Surging Viet economy buoys flag carrier
When 2007 comes to a close, Vietnam Airlines will have surely have clocked in another rosy year. In the first nine months, its 47,297 domestic and international flights have carried over 5.8 million passengers, achieving 76 per cent of the year's target, and over 82,000 tonnes of cargo (an increase of 5.6 percent year-on-year). Not only did its pretax profits surge to US$18.8 million - nearly matching the whole profit of US$19 million for the full year, last year, but its on-time performance … [Read more...] about Surging Viet economy buoys flag carrier