Conditions for air transport service business

by BichNgoc

If in the past, the Air transport business industry received little attention. But today, the Air transport business is the industry that many people seek and learn. Airplanes are gradually becoming the main means of transportation used by people because of the benefits of time; convenience they bring. It is also of interest to international investors. LSX Lawfirm will give you a article about: “Conditions for air transport service business”, as follows:

Decree No. 92/2016/ND-CP

What is the air transport service business?

Air transport service business is one of the conditional business lines specified in the Investment Law 2020. This is an area that not only domestic businesses are interested in, but also the concerns of foreign investors. Foreign investment. Because of the development of the world, people’s travel needs are also increasing day by day.

Air transport service business includes two forms of air transport service business and general aviation service business.

In which:

Firstly; Air transport service business refers to air transportation of passengers, luggage, goods and postal items for profitable purposes.

Secondly; General aviation service business refers to profitable general aviation operation services performed by aircraft other than unmanned aircraft systems; or ultralight aircraft vehicles as defined in the Law on Vietnam Civil Aviation.

Conditions for air transport service business

  • Conform to the air transport development plan.
  • Meet requirements concerning plans to ensure availability of aircraft for operations; organizational machinery; capital; business plans and product development tactics in accordance with the law.
  • Obtain an air transport business license issued by the Ministry of Transport according to the Prime Minister’s permission.
  • Regulations shall not apply to training, coaching or mentoring services provided to crew members, and coaches.

Related article: Policy to support Vietnam Airlines

Related questions

The service life of used aircraft imported into Vietnam shall be provided for with regard to aircraft used for carriage of passengers?

– a period of less than 10 years ranging from the date of manufacture to the date of importation under terms and conditions of a purchase or hire-purchase agreement.
– a period of less than 20 years ranging from the date of manufacture to the date of termination of an aircraft charter agreement. As for used helicopters.
–  a period of less than 25 years ranging from the date of manufacture to the date of termination of a charter agreement.

The service life of used aircraft imported into Vietnam shall be provided for with regard to aircraft used for transportation of goods, letter post, postal parcels, and for general aviation aircraft?

–  a period of less than 15 years ranging from the date of manufacture to the date of importation under terms and conditions of a purchase or hire-purchase agreement.
– a period of less than 25 years ranging from the date of manufacture to the date of termination of a charter agreement.

The service life of used aircraft imported into Vietnam shall be provided for with regard to aircraft used for carriage of passengers, the service life?

A period of less than 10 years ranging from the date of manufacture to the date of importation under terms and conditions of a purchase or hire-purchase agreement; a period of less than 20 years ranging from the date of manufacture to the date of termination of an aircraft charter agreement.

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