Vietnam's Second private airlines project to be submitted

Phu Quoc Air project has recently received green-light from the Government to apply for establishment procedures, Civil Aviation Administration of Vietnam (CAAV) has said.

Although backers of the project were not revealed, Phu Quoc Air was said to be founded by domestic investors and are expected to become the second private air carrier of Vietnam after VietJetAir.

According to Head of CAAV's Aviation Transport Department Vo Huy Cuong, how long the license will be given depends on how soon Phu Quoc Air submits application to CAAV. License will be issued within three months of the application's submission.
In 2007, Vietnam's aviation market served 14 million flights, more than 8 million chose Vietnam Airlines.