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Indochina Airlines has aviation transport rights revoked
Indochina Airlines has had its transportation rights revoked by the Civil Aviation Administration of Vietnam (CAAV).
The decision was made on January 25 by CAAV after they declared they could find no evidence that the currently grounded airline had any immediate plans to take off again.
In the latest report sent to CAAV, Indochina Airlines once again asked for permission to delay providing flights again to January 31 instead of January 20, because shareholders have not delivered more money into the airlines’ account, about 400 billion dong, as expected.
The carrier blamed money not arriving due to the problems in “payment procedures”.
Prior to that, CAAV had many times warned Indochina Airlines about the possibility of revoking transportation rights. However, Indochina tried to show that it was making efforts to resume flights for Tet 2010. This has successfully persuaded CAAV to grant a flight schedule to Indochina Airlines, again.
In late December, online bookings at indochinaairlines.vn were opened again. Passengers were again asked to make contact for tickets. However, any passengers who tried to book tickets in January, February and March all received a notice saying no ticket were available.
Under the current laws, an air carrier will have its operation license revoked if it stops operating for at least one year
Providing the first commercial flight on November 25, 2008, Indochina Airlines has faced many financial difficulties over the last year. The air carrier has 10 times broken its own promise to resume flights. It has had transportation rights revoked four times so far. Indochina Airlines now has no aircraft, and many employees have left.
VietNamNet, VNE
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