Vietnam Airlines
Flag carrier of Vietnam / From Wikipedia, the free encyclopedia
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Vietnam Airlines (Vietnamese: Hãng hàng không Quốc gia Việt Nam, lit. 'Vietnam National Airlines') is the flag carrier of Vietnam.[9] The airline was founded in 1956 and later established as a state-owned enterprise in April 1989. Vietnam Airlines is headquartered in Long Biên district, Hanoi, with hubs at Noi Bai International Airport in Hanoi and Tan Son Nhat International Airport in Ho Chi Minh City. The airline flies 117 routes across 19 countries, excluding codeshared services.[6]
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Founded | 15 January 1956; 68 years ago (1956-01-15) (as Vietnam Civil Aviation)[4] | ||||||
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Frequent-flyer program | Lotusmiles[5] | ||||||
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Fleet size | 97 | ||||||
Destinations | 66[6] | ||||||
Parent company | Vietnam Airlines JSC | ||||||
Headquarters | 200 Nguyễn Sơn, Bồ Đề ward, Long Biên district, Hanoi, Vietnam | ||||||
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Employees | 6,500 (2023)[citation needed] | ||||||
Website | www |
From its inception until the early 1990s, Vietnam Airlines was a minor carrier within the aviation industry as it was hampered by a variety of factors including the socio-economic and political situation of the country. With the government's normalization of relations with the United States, the airline could expand, improve its products and services, and modernize its ageing fleet. In 1996, the Vietnamese government brought together 20 service companies to form Vietnam Airlines Corporation, with the airline itself as the centrepiece. In 2010, the corporation was restructured into a limited liability company and renamed Vietnam Airlines Company Limited. A seven-seat management board, appointed by the Vietnamese Prime Minister, oversees the company.[10]
As passenger transport constitutes its core activity, Vietnam Airlines plays a crucial role in the economic development of the country. It owns 100% of Vietnam Air Service Company – a regional airline in southern Vietnam and almost 99% of the low-cost carrier Pacific Airlines.[11] In addition, the corporation earns revenue from airline catering and the maintenance and overhauling of aircraft through a number of its subsidiaries, including Vietnam Airlines Engineering Company and Vietnam Airlines Caterers. The company has also diversified its investments in the aircraft-leasing and airport ground-servicing industries, and is looking to manufacture aircraft components. It controls and operates a cargo division, Vietnam Airlines Cargo.
Vietnam Airlines became a member of SkyTeam in June 2010, making it the first Southeast Asian carrier to have joined that alliance. As of September 2021,[update] the State's stake in Vietnam Airlines is 86.34%, All Nippon Airways holds 5.62%, being a strategic shareholder of the national flag carrier.[12][13]