The Law on Vietnam Civil Aviation amended in 2014 was promulgated on November 21, 2014. One of the notable amendments and supplements in this document is the regulation on conditions for grant of air carriage business licenses previously specified in Article 110 of Law on Vietnam Civil Aviation 2006.
Specifically, according to Clause 24 Article 1 of the Law on Vietnam Civil Aviation amended in 2014 supplementing Clause 4a following Clause 4 of Article 110 of Law on Vietnam Civil Aviation 2006, regulation on conditions for grant of air carriage business licenses is specified as follows:
- An enterprise may be granted an air carriage business license when fully meeting the following conditions:
+ Having a business registration certificate showing that the major business line is air carriage;
+ Having a plan on assurance of the availability of aircraft for operation;
+ Having an organizational apparatus, employees who have appropriate permits and certificates and are capable of operating aircraft and dealing in air carriage;
+ Meeting capital conditions as stipulated by the Government;
+ Having a business plan and a strategy on development of air carriage products in accordance with market demands and aviation sector development plannings and orientations;
+ Having a head office and principal place of business in Vietnam.
- A foreign-invested enterprise may be granted an air carriage business license when fully meeting the conditions specified in Clause 1 of this Article and the following conditions:
+ The foreign party's capital contribution proportion complies with regulations of the Government;
+ The enterprise's representative by law is a Vietnamese citizen and foreigners account for not more than one third of the total number of members of its executive apparatus.
- The Minister of Transport shall grant air carriage business licenses after obtaining permission of the Prime Minister.
- Enterprises applying for air carriage business licenses shall pay a fee.
- Enterprises obtaining air carriage business licenses have the following obligations:
+ To publicly announce contents of their licenses;
+ To operate for proper purposes and contents and under conditions stated in their licenses;
+ To maintain the prescribed conditions for grant of air carriage business licenses and aircraft operator certificates;
+ To maintain the quality of air carriage services under regulations of the Ministry of Transport;
+ To comply with the civil aviation law and other relevant laws.
- The Government shall specify conditions, order and procedures for the grant of air carriage business licenses.
View more: Law on Vietnam Civil Aviation amended in 2014 effective from July 01, 2015, amending the Law on Vietnam Civil Aviation 2006.
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