Asia Business Channel

Vingroup enters aviation sector with pilot training school and new Vinpearl Air airline

Nguyen Viet Quang CEO of Vingroup

VinGroup, Vietnam’s largest business conglomerate plans to start a new airline, Vinpearl Air, as well as an aviation school that will to train pilots and aircraft personnel. Vinpearl Air Company received its business license from The Department of Planning and Investment in Hanoi last week after a formal name change and meeting the requirements related to registered capital of $56 million USD (1.3 trillion VND).

The new airline, will be Vietnam’s sixth domestic air carrier and says that it plans to have 30 aircraft in its fleet and will fly both domestic and international routes.

Two days before receiving its airline approval from the government, the company announced that it would the VinAviation School and Vinpearl Air Training Centre in cooperation with Canada’s CAE Oxford Aviation Academy.

Vietnamese pilots in training

The new aviation school will be located in Vietnam and expects to train 400 pilots and flight technicians, mechanics and other flight personnel each year. The company will help students obtain relevant licenses from the Civil Aviation Authority of Vietnam (CAAV), US Federal Aviation Administration (FAA) and European Aviation Safety Agency (EASA).

The aviation school will offer graduates the opportunity to join Vinpearl Air, which will need a continuous and steady pipeline for personnel. Nguyen Viet Quang CEO of Vingroup said there is a scarcity of pilots not only in Vietnam but across the world. “The salary in this industry is very high, ranging from 100 million VND and more per month for commercial flight pilots and 200 million VND per month or more for the captain – teacher. The training time is only 18-21 months.”

Trần Quang Chau, Chairman of the Vietnam Association on Aviation Science and Technology, said that aviation’s rapid growth has revealed urgent problems and that, “These problems are inadequacies in infrastructure and management capabilities. Human resources are ‘bottlenecks’ of domestic airlines. The main reason is that the training does not keep pace with development, so the shortage of manpower is not only in the pilot force but also in other aviation forces such as flight supervision, air traffic management and aircraft engineers.”




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