Vietnam Airlines plans to buy Airbus A380
The Ministry of Transport has submitted an amended plan to the Government about how to develop Vietnam Airlines.
In the report, the ministry said that it supported the national carrier's plan to invest in new technology in order to improve service and strengthen competitiveness.
Regarding plans to buy Airbus A380 aircraft, the world's largest passenger plane to date, the ministry said that Vietnam Airlines might clearly analyze and study Vietnamese airport infrastructure.
The carrier also needed to study the market to form an effective investment and marketing plan, the ministry said.
The airline would have to submit a detailed investment capital and debt payment plan, the ministry added.
Vietnam Airlines plans to expand its fleet to 115 and 170 aircraft by 2015 and 2020 respectively.
This year, the carrier expects to carry more than 14 million passengers and 193,000 tonnes of cargo, representing 20 percent and 16 percent increases, respectively in comparison with last year.
In 2011, the corporation hopes to reach a revenue of VND45.5 trillion (US$2.2 billion), a year-on-year increase of 28 percent.