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The dossiers must have included evidence that Vietravel has met all requirements such as a plan to extend the fleet, plan on how to manage the equipment and personnel to ensure aircraft operation and business plan and product development strategy. Other documents must be included are contract or agreement on the purchase, hire-purchase or lease of aircraft and a list of members and shareholders at the time of submission.
If any document is not valid, the CAAV will notify Vietravel in three days for them to complete the dossiers. In 20 days, the CAAV must report the review results to the Ministry of Transport who must submit the dossiers to the prime minister in 15 days after. The ministry must send a written reply to the CAAV if the report is not approved. The prime minister will review the projects in 10 days and give directives to the Ministry of Transport to issue the licence or not.
Even after receiving the licence, there are still many works for Vietravel Airlines to complete including obtaining the air operator's certificate and completing works on security and safety. Vietravel Airlines also said that they were funnelling resources into obtaining an air transport licence and air operator's certificate in order to take off in the first half of 2021. However, according to CAAV, it's a difficult task because the aviation industry may only be able to recover from Covid-19 at the end of 2021.
The airline will operate three aircraft in the first and gradually expand the fleet in the coming years. Airbus and Boeing and other equivalents aircraft will be used in accordance with the approved plan.
Vietravel Airlines is registered as a passenger and cargo carrier with a focus on promoting tourism and other travel demands of general customers. It is based at Phu Bai International Airport in Thua Thien-Hue Province. The carrier targets one million passengers in its first year of operations and generates jobs for 600 people to make contributions to the state budget.
