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Vietnamese aviation market forecast to recover from mid-Q3

Thursday, 12:25, 08/07/2021 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. According to Dinh Viet Thang, director of the Civil Aviation Authority of Vietnam (CAAV), when the COVID-19 vaccination process had been accelerated in Vietnam and around the world in general, the Vietnamese aviation market is likely to recover. Up-and-down period of aviation industry According to a report by the CAAV, the COVID-19 pandemic has brought a tumultuous period to the world aviation industry. The world aviation industry was estimated to have suffered a dramatic 60% drop in the number of passengers over 2020, equivalent to about 2.89 billion passengers, with a revenue deficit of US$327 billion, of which the Asia-Pacific region recorded the strongest fall of US$107 billion, the report said.

VIETNAM BUSINESS NEWS JULY 8

VIETNAM BUSINESS NEWS JULY 8
vietnamnet.vn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vietnamnet.vn Daily Mail and Mail on Sunday newspapers.

Ho Chi Minh City airport sees travel hit rock bottom

Saturday, July 03, 2021, 09:04 GMT+7 Vietnam Airlines aircrafts stand idle at Tan Son Nhat International Airport in Ho Chi Minh City, July 1, 2021. Photo: C. Trung / Tuoi Tre Once the busiest airport in Vietnam, Tan Son Nhat International Airport in Ho Chi Minh City has become almost deserted as passenger volumes nosedived due to flight restrictions. The inner-city airdrome received 550 to 720 flights and 85,000 to 109,000 passengers every day before and during the national public holidays in celebration of the Reunification Day (April 30) and the International Labor Day (May 1) this year, one of its leaders told Tuoi Tre (Youth) newspaper on Thursday. In contrast, it handled fewer than 200 flights, including 37 to 59 domestic trips, and 3,000 passengers a day between Monday and Thursday this week.

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