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The tragic situation of Vietnam’s aviation
The latest report from the Vietnam Aviation Administration has just sent to the Ministry of Transport that Vietnamese airlines have almost stopped operating all international and national routes.
Airline aircraft featured on taxiways and aprons in Noi Bai
Currently, the airline operates only a few flights to transport passengers from Vietnam to international, cargo and 3 domestic routes connecting Hanoi, Da Nang, Ho Chi Minh City with a minimum frequency to meet the essential needs of air transport.
From 1/4 until now, the number of passengers transported by air is only 1-2% compared to the time before the epidemic. Most Vietnamese airline fleets are stationed at airports and are not put into operation.
The Vietnam Civil Aviation Administration said Vietnam Airlines is one of the state-capital companies most affected by the Covid-19 epidemic. In the first 3 months of 2020, this company’s consolidated revenue is estimated at VND 19.212 billion, down from VND 6.712 billion compared to the same period in 2019, a loss of VND 2.383 billion.
Vietnam Flight Management Corporation (VATM): The “primary” unit that operates all flights in Vietnam airspace has severely reduced its flight control. In February 2020 alone, total flight control volume decreased by more than 14,599 flights, equivalent to a 40% decrease compared to the same period last year; Flight management to and from (international flights) decreased by almost 3,415 flights, equivalent to a 27% decrease compared to the same period last year.
In March 2020, airlines will continue to cut a series of flights to / from, flight control production is forecast to continue to decline, meaning that total flight operating income in 2020 will similarly decrease. application
The only “bright” highlight of Vietnam’s aviation industry is Vietnam Airport Corporation’s (ACV) total revenue in the first quarter of 2020 estimated at VND 4.064 billion, down from VND 832 billion compared to same period last year. 2019. Earnings are estimated at VND 1,857 billion, below VND 586 billion compared to the same period in 2019. ACV revenue is expected to reach VND 11,339 billion in 2020, below VND 10,230 billion million compared to the 2020 plan; Profit reached 1.476 billion dong, down from 9.335 billion dong compared to 2020 plan.
Tax exemption, reduction, time delay for budget payment
In order to resolve the difficulties of industry companies, the Vietnam Aviation Administration proposed that the Ministry of Transport continue to inform the Government so that it will soon allow aviation units to enjoy the tax reduction, the extension of the time limit of payment of taxes and collection of tax revenue. (Business introduction, personal income, fees and charges in the field of aviation) for all obligations arising from January 23 to December 31 or 90 days after the Prime Minister announces the end of the epidemic. , whatever later.
Particularly for airlines, the Department of Aviation proposes to exempt import taxes and environmental protection tax on flight fuel from January 23, 2020 to December 31, 2020, or 90 adjacent days after the Prime Minister. post the translation, depending on the later time.
In case of balancing the budget, it is difficult to implement the policy of 50% reduction of the import tax and the environmental protection tax on flight fuels; allowing companies to extend tax payment deadlines and budget contributions.
It is suggested that the policy of reducing the price of the takeoff, landing and flight control service by 50% applies to domestic flights from 1/3 to 8/31/2020 and can be customized. according to the evolution of the disease.
The Department of Aviation proposed to allow the application of a minimum price of VND 0 for specialized aviation services in the State list that regulates the price framework from March 1 to December 31, 2020 and may adjust depending on the evolution of the disease …
The top regulator of the aviation industry asked the transport ministry to propose to the government to see the credit support, bank interest rates and payment conditions for the airlines.
Global aviation “evaporates” more than $ 120 billion
On April 7, the World Civil Aviation Organization (ICAO) assessed that in March 2020, international passenger production has decreased by 33%, not only in some countries that are already experiencing an early outbreak. it has expanded its global influence. The forecast for the production of international passenger transport in April 2020 will fall deeply, around 85%.
Preliminary estimate, if the Covid-19 epidemic will only affect international passenger transport during the first half of 2020, corresponding to the market resilience scenario from May or June 2020, the total production and number of passengers decreased from 443 to 561 millions; Total airline revenue decreased from $ 98 to $ 124 billion.
If the Covid-19 epidemic continues to affect the third quarter of 2020, total revenue from global airlines’ international passenger transport will lose an additional $ 35 billion per month.
Chau Nhu Quynh
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