In its application, Vietstar Airlines says it plans to operate both passenger and cargo flights using leased A320 and B737 model aircraft initially. It plans to connect the north and south of the country as well as neighbouring ASEAN countries.
The Vietnamese News Service reports the carrier had registered capital of VND800 billion (USD35.8 million) as of March 31, 2015; VND47.3 billion short of the minimum required capitalisation for an international and domestic passenger and cargo carrier.
Vietstar Airlines Multirole Corporation also offers aircraft MRO, groundhandling, and pilot training services throughout Vietnam.
ch aviation
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