Regional Round-Up
Vietnamese carriers will need more cash to launch
May 1st 2013
Starting an airline in Vietnam will be a little tougher from next month following the introduction of higher capital requirements for new carriers. Read More »
Minimum investment funds of US$14.4 million will be necessary to establish a domestic commercial airline with a fleet of less than 10 aircraft. Carriers wanting to fly internationally with fewer than 10 aircraft will need to have minimum capital of $33.5 million.
For bigger operators, with 11 to 30 aircraft, the minimum capital requirement will be $28.7 million for domestic operations and $47.8 million for international services.
Airlines with more than 30 planes on international routes must have registered capital of $62.2 million, while those with the same number operating on domestic routes must have capital holdings of $33.5 million.
The new regulations also stipulate that foreign shareholders will be limited to owning 30% of total registered capital of airlines.
