Pacific Airlines will refund unused take-off and landing slots (slots) when temporarily suspending flights, but please retain the history of these slots for the following season when the fleet is consolidated.
This information was provided by Pacific Airlines when sending a report to the Vietnam Aviation Administration.
From March 18, Pacific Airlines had to return the entire aircraft due to failure to reach an agreement with the lessor. According to the plan, the airline said it will refund all unused slots during the temporary suspension period and remaining slots based on the flight schedule when there are 3 dry leased aircraft from Vietnam Airlines. This refund must be made no later than March 3.
However, in the near future, Pacific Airlines will lease 3 aircraft from Vietnam Airlines to maintain the minimum number of ships - a condition for maintaining the aircraft operator certificate (AOC). Therefore, this airline proposed that the Department of Aviation consider allowing them to keep the historical slot with refundable take-offs and landings, to use in the following seasons when the Pacific Airlines fleet increases.
At the same time, the low-cost airline also proposed to allow them to have a mechanism to pay and receive slots during this period, to effectively use the slots operated by Pacific Airlines.
The airline also confirmed that customers affected by the suspension of Pacific Airlines flights have been transferred to Vietnam Airlines flights, and so far there have been no complaints from customers.
Pacific Airlines is the first low-cost airline in Vietnam. Born in 1991, Pacific Airlines was established with state-owned enterprise shareholders.
In 2007, Qantas Group bought 30% of Pacific Airlines shares and the airline changed its name to Jetstar Pacific. By 2012, the State Capital Investment and Trading Corporation (SCIC) transferred 68% of capital at Jetstar Pacific to Vietnam Airlines. In July 7, Jetstar Pacific returned to its birth name Pacific Airlines.
In the first quarter of 2022, Vietnam Airlines received 30% of the shares donated by Qantas, so it holds nearly 99% of Pacific Airlines' capital. The airline is making efforts to restructure, look for potential investors, and will take off again as soon as possible.
Thi Ha