VOV.VN - Airfare shortages and elevated fares continue to grip Vietnam’s aviation market during the coming Lunar New Year peak, as surging travel demand outpaces capacity despite airlines’ decision to add more flights.

The Vietnamese aviation market has just seen the arrival of a new airline, Crystal Bay Airlines.

VOV.VN - Vietnam’s aviation market is witnessing an intense race among major carriers and new entrants, as Vietnam Airlines, Vietjet Air, Bamboo Airways, Vietravel Airlines, and Sun PhuQuoc Airways expand fleets, grow domestic and international networks, and upgrade service quality.

The launch of Sun PhuQuoc Airways (SPA) is bringing a breath of fresh air to Vietnam’s aviation industry, offering travelers more choices and boosting competition as tourism continues its strong recovery.

Amidst a global aviation market facing shortages and rising travel demand, Vietjet is expected to add 10 new-generation aircraft to its modern fleet in the last months of 2024.

The increasingly bustling international aviation markets with many airlines opening new routes to large-scale markets will be a major driving force for the growth of the entire aviation market in the coming time, according to the Civil Aviation Agency of Vietnam (CAAV).

The international aviation market has fully recovered and slightly surpassed pre-COVID-19 levels, Director-General of the Civil Aviation Authority of Vietnam (CAAV) Dinh Viet Thang said at the Ministry of Transport’s mid-year conference on July 3.

Vietnam’s aviation market is expected to fully recover in late 2024, closely tied to the positive trajectory of the Asia-Pacific, according to the Civil Aviation Authority of Vietnam (CAAV).

Vietnam’s international aviation market has gradually recovered in the first nine months with an increase in the number of foreign passengers, said the Vietnam Civil Aviation Authority (CAAV).

VOV.VN - The domestic aviation market is set to continue to grow in the second half of 2023, while the international market is expected to recover at a faster rate than the initial months of the year, according to the Civil Aviation Authority of Vietnam (CAAV).