Pacific Airlines resumes operation after restructuring
Pacific Airlines, a subsidiary of the Vietnam Airlines Group, took off again on domestic routes with a fleet of Airbus A321 aircraft from June 26 following a restructuring period.
It will operate from six to eight flights a day on the routes between Ho Chi Minh City and Hanoi, Da Nang, and Chu Lai. During certain peak periods, it will proactively increase flights between HCM City and Thanh Hoa, Vinh, Hue, and Tuy Hoa.
With the schedule, the airline will provide a total of nearly 1,000 flights, equivalent to more than 180,000 seats, during the peak travel season.
To prepare necessary resources, Pacific Airlines will gradually receive and put three Airbus A321 aircraft into operation.
During its restructuring, apart from resuming the flight network, the carrier has also paid attention to comprehensively upgrading its service standards, enabling passengers to experience international services equivalent to these of the national flag carrier Vietnam Airlines.
The resumption marks a positive initial outcome in its restructuring efforts. Through a series of solutions, the airline is expected to quickly recover, operate efficiently, and develop sustainably in the future.
Corporate restructuring is one of the effective self-help solutions adopted by many airlines globally and in Vietnam amidst the severe and lingering impacts of the COVID-19 pandemic on the aviation industry.
Pacific Airlines suspended flights on March 18 to restructure its fleet and flight network to ensure operational efficiency.
The airline was established in 1991, and was the first low-cost airline with state-owned enterprises as shareholders. It has faced operational difficulties for many years. In 2022, the company incurred a loss of nearly VND2.1 trillion (US$84.5 million) due to the pandemic impacts.
