Company Overview of Vietnam Airlines Company Limited
Vietnam Airlines Company Limited provides air transport services in Vietnam and internationally. It offers regular-scheduled flights for passenger and cargo; and VIP charter flight and air charter operation services. The company also provides technical and commercial support services for airlines comprising technical support for aircraft at the airports; check-in procedures for passengers, luggage, packages, and their handling; aircraft interior cleaning services; and technical maintenance of equipments and specialized vehicles for aviation services. In addition, it offers ticket sale services for other airlines; and foreign exchange services. Further, the company provides commercial adverti...
No. 200, Nguyen Son Street
Bo De Ward
Long Bien District
Founded in 1956
Key Executives for Vietnam Airlines Company Limited
Chief Executive Officer, President, Member of Management Board and Director
Chief Financial Officer, Chief Accountant and Director
Vice President and Director
Vice President and Director
Compensation as of Fiscal Year 2014.
Vietnam Airlines Company Limited Key Developments
Jet Airways Expands Codeshare Agreements with Garuda Indonesia and Vietnam Airlines
Apr 13 15
Jet Airways has expanded the scope of its codeshare agreements with Garuda Indonesia and Vietnam Airlines. Jet Airways will place its code (9W) on Garuda Indonesia flights operating between Singapore (SIN) and the popular leisure destination - Bali Denpasar, (DPS) in Indonesia. Guests travelling on both Jet Airways and Garuda Indonesia will be able to fly between various points on connecting flights operated by the carriers effective April 20, 2015. The airline major currently has codeshare agreement with Garuda Indonesia between Singapore and Jakarta. Similarly, Jet Airways will place its code (9W) on Vietnam Airlines' flights operating between Singapore and Phu Quoc Island and vice versa effective April 15, 2015. This is in addition to the existing codeshare flights aligned with Vietnam Airlines between Bangkok (BKK), Hong Kong (HK), Singapore (SIN) and Hanoi (HAN).
Cotchett, Pitre & McCarthy LLP and Hausfeld, LLP Provides Update of Settlement of Class Action Lawsuit Involving Price of Airline Tickets
Mar 9 15
Settlements have been reached with eight airlines in a class action lawsuit involving the price of airline tickets. The Settling Defendants are: Air France; Cathay Pacific; Japan Airlines; Malaysian Airlines; Qantas; Singapore Airlines; Thai Airways; and Vietnam Airlines. The lawsuit continues against five Non-Settling Defendant airlines: Air New Zealand; All Nippon Airways (ANA); China Airlines (Taiwan); EVA Airways; and Philippines Airlines. The lawsuit claims that the Defendants agreed to fix prices on tickets for transpacific air travel. As a result, ticket purchasers may have paid more than was necessary. The Settling Defendants deny the allegations, and deny that they have any liability. The Defendant airlines also deny liability, although ANA has pled guilty to fixing the prices of certain discounted tickets. Purchasers are included if: they bought a ticket for air travel from one of 26 airlines; the ticket included at least one flight segment between the U.S. and Asia or Oceania; and the purchase was made between January 1, 2000 and the present. The Settling Defendants have agreed to pay $39,502,000. Money will not be distributed yet, and will be distributed pursuant to a Plan of Allocation approved by the Court. Class Counsel will pursue the lawsuit against the Non-Settling Defendants.
Vietnam Airlines Seeks To Raise Money
Mar 4 15
Vietnam Airlines Company Limited is hoping to buy the operation right for the Noi Bai International Airport's Terminal T1 and plans to raise the money for this purpose from its own capital as well as from its shareholders.
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