Published on : Tuesday, February 6, 2018
The South East Asian airlines are now looking for nonstop US flights, so that Vietnam airlines are struggling to be more profitable on the nonstop flights between Vietnam and the United States due to a lack of demand from business travellers.
Duong Tri Thanh, and his counterparts at other state-controlled Southeast Asian carriers such as Thai Airways International and Malaysia Airlines, are trying to balance the government desires for growth in aviation industry with what is best for the airlines’ financial health in a competitive market.
Duong Tri Thanh also said that the philosophy of the Vietnam airlines is to advance the company and the economy of the country as well making it more viable and profitable. But growing the economy of the country is more of a mandate.
The market for the nonstop flights between Southeast Asia and the United States is highly competitive and consists mostly of options involving a stop in North Asian or Middle Eastern countries due to the distances involved.
There are exceptions; due to geography Philippines Airlines has a slightly shorter, more economical hop to U.S. west coast cities, while Singapore Airlines launched 17.5 hour nonstop flights from its Singapore hub to San Francisco last year.
The Singapore Airlines plans to recommence even longer flights to Los Angeles and New York later this year after a five-year break, helping to close a gap in its U.S. capacity relative to competitors like Cathay Pacific Airways and Emirates.