Vietravel Airlines, based in Vietnam, has had its air transport business license re-issued by the country’s Ministry of Transport, a process that has resulted in the airline no longer having any foreign shareholders. This license update signifies a shift in the airline’s ownership structure, positioning it as a fully domestic entity in Vietnam’s aviation market. The removal of foreign…
Vietravel Airlines, a prominent airline based in Vietnam, has significantly raised its charter capital by nearly 100%, bringing the total to US$51.4 million. This capital expansion is a strategic move aimed at supporting the airline’s growth initiatives, strengthening its financial foundation, and improving its operational capacity to meet increased demand in the Vietnamese air travel market. Vietravel Group,…
Hanoi-based AGC Logistic Services Joint Stock Company has filed a lawsuit against Vietravel Airlines, alleging the unlawful termination of a cargo contract.
