From January 14 to February 12, 2025 (the 15th day of the 12th lunar month to the 15th day of the first lunar month), the total air passenger market reached approximately 7.3 million passengers, an 11.7% increase compared to the same period in 2024.
The average on-time performance (OTP) across Vietnam’s aviation industry in January 2025 stood at 60%, down 7.7 percentage points from February 2024, when the previous Tet was observed.
Vietnamese airlines have been taking various measures in the face of a fleet contraction triggered by the manufacturer’s engine recall, including adding and replacing aircraft.
Though an array of difficulties and challenges remain, the aviation sector of Vietnam has recovered quickly, especially international flights and the number of passengers on these routes.
The Vietnamese aviation market is set to fully recover by the end of this year since the Asia-Pacific market warms up, according to the Civil Aviation Authority of Vietnam (CAAV).
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).
The domestic aviation market is projected to grow by 7-10% during the summer this year compared to the same period in 2019, reaching 3.5-3.7 million passengers per month (in June and August), and 4.2-4.5 million passengers in July, according to the Civil Aviation Authority of Vietnam (CAAV).
According to the Airports Corporation of Vietnam (ACV), the number of passengers in the first half of the year saw a significant increase of 29.2% year on year to surpass 56 million, accounting for 48.2% of the targeted plan for 2023.
Vietnam Airlines has been listed as one of the world’s top 25 airlines for 2023 by AirlineRatings.com, an Australia-based aviation safety and product rating agency.
Vietnam Airlines will officially launch a direct route between Hanoi and Melbourne of Australia on June 15, with two round-trip flights per week on Thursdays and Sundays.
Vietnam's domestic aviation market has been bouncing back, but many airlines are still grappling with difficulties caused by the COVID-19 pandemic, latent risks, and soaring expenses, the Quan doi Nhan dan (People’s Army) daily reported.
Vietnamese airlines are now permitted to resume regular flights to China like in the pre-COVID-19 period as China is about to remove restrictions on regular international flights to this country, the Civil Aviation Authority of Vietnam (CAAV) has said.
The Civil Aviation Authority of Vietnam (CAAV) has proposed the Ministry of Transport allow air carriers to increase the size of their fleets in order to meet domestic demand and utilise opportunities generated by the recovering international market.
The aviation market recorded about 55 million passengers in 2022, rising 3.7-fold from the previous year and equivalent to 69.6% of that in the pre-pandemic 2019, according to the Civil Aviation Authority of Vietnam (CAAV).
The non-aviation service industry has been on the fast track to recovery in the past few months, following the flourishing of the aviation market, despite the impact of volatile and escalating fuel prices as well as the international market's failure to recover as expected.
As the international aviation is slow to recover, Vietnam is enjoying a chance to capitalise on the domestic market as a buffer step – a “taxiing” period for a rapid recovery following the COVID-19 pandemic.
Vietnam’s domestic aviation market is recovering at the fastest pace in the world with a growth rate of 123 percent compared to the same period of 2019, before the COVID-19 pandemic broke out.
Vietnam Airlines JSC has just sent a document to the Ho Chi Minh Stock Exchange (HOSE) explaining measures and a roadmap to remove it from the list of stocks trading under supervision.
The Vietnamese aviation market is predicted to begin recovering by the middle of the third quarter with this year’s total estimated capacity of over 70 million passengers.