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Annual Report
1995-2020 ANNUAL REPORT RESPONSIBILITY PROACTIVENESS CREATIVITY TABLE OF CONTENTS I. MESSAGE FROM CHAIRMAN OF THE BOARD OF DIRECTORS AND CHIEF EXECUTIVE OFFICER 6 II. DEVELOPMENT STRATEGY 12 Vision 12 Mission 12 Core values 12 Targets 12 Development strategy 13 III. COMPANY OVERVIEW 18 General information 18 Business lines 20 Business network 22 Establishment and Development history 24 Organization structure 26 Shareholder structure 38 Highlight events in 2019 40 Awards and Accolades in 2019 42 IV. BUSINESS PERFORMANCE 46 Key operational performance 46 Key financial indicators 49 V. ASSESSMENT OF THE BOARD OF DIRECTORS 52 On the operations of Vietnam Airlines 52 On the activities of the Board of Management (BOM) 55 On the orientation of operations for 2020 56 VI. REPORT OF THE BOARD OF MANAGEMENT ON BUSINESS RESULTS IN 2019 58 Business environment 58 Performance in various areas 60 Route network 60 Fleet 66 Flight operation 67 Commercial performance 68 Services 75 Technical areas 79 Safety and security 81 Human resource management 82 Communications and brand development 86 Information technology 90 Cooperation programs 91 Investment activities 94 Financial performance 99 Innovations in organizational structure and management policy 103 VII. ENVIRONMENTAL AND SOCIAL RESPONSIBILITIES 106 Compliance with environmental protection regulations 108 Social engagement 109 Employee welfare and benefits 112 VIII. CORPORATE GOVERNANCE 114 Corporate governance structure 114 Information and activities of the Board of Directors 116 Activities of the committees under the Board of Directors 116 Report of the Supervisory Board 117 Activities of the Chief Administrator & Corporate Secretary 119 Investor relations 119 IX. RISK MANAGEMENT 122 X. AUDITED CONSOLIDATED FINANCIAL STATEMENTS 126 To download a soft copy of Vietnam Airlines’ Annual Report 2019, please visit https://www.vietnamairlines.com/vn/about-us/investor-relations/annual-reports or scan QR code on the left-hand side. -
Dual-Hub Connectivity: a Case Study on China Eastern Airlines in Shanghai Huijuan Yang* and Weiwei Liu
Yang and Liu European Transport Research Review (2019) 11:25 European Transport https://doi.org/10.1186/s12544-019-0364-6 Research Review ORIGINAL PAPER Open Access Dual-hub connectivity: a case study on China Eastern Airlines in Shanghai Huijuan Yang* and Weiwei Liu Abstract To deal with slot constraints and insufficient capacity, emerging multi-airport systems have been under construction in China. This paper chose China Eastern Airlines as a case study, evaluating its hub connectivity under a dual-hub circumstance in Shanghai. The paper detected that the biggest constraint of China Eastern Airlines’ dual-hub situation lied in Shanghai’s location and the restricted transfer options on international routes. Contributions from alliance partners were assessed and benchmarked with China Eastern Airlines. With China Southern Airlines quit SkyTeam alliance, China Eastern Airlines faced more challenges on the domestic market. The empirical study also pointed out the shortcoming of operating at two hubs in the same catchment area, where the quality of connectivity of inter-hub connections cannot be maintained as high as a single-hub transfer. However, the market potential of inter-hub connections in Shanghai was identified with a considerable amount of viable connections. Keywords: Hub connectivity, Dual-hub operation, China Eastern Airlines 1 Introduction Multi-airport system largely expands the catchment area Airports have experienced pressures on operational cap- and capacity in the region. It provides better accessibility acity and congestion due to the worldwide effects of explo- for passengers, and attracts and generates more traffic for sive passenger growth, particularly in high-growth regions airlines and airports. -
WASHINGTON AVIATION SUMMARY July 2014 EDITION
WASHINGTON AVIATION SUMMARY July 2014 EDITION CONTENTS I. REGULATORY NEWS .............................................................................................. 1 II. AIRPORTS ................................................................................................................ 4 III. SECURITY AND DATA PRIVACY ……………………..................................................7 IV. E-COMMERCE AND TECHNOLOGY ....................................................................... 9 V. ENERGY AND ENVIRONMENT .............................................................................. 11 VI. U.S. CONGRESS .................................................................................................... 12 VII. BILATERAL AND STATE DEPARTMENT NEWS ................................................... 14 VIII. EUROPE/AFRICA ................................................................................................... 15 IX. ASIA/PACIFIC/MIDDLE EAST ................................................................................ 17 X. AMERICAS ............................................................................................................. 20 For further information, including documents referenced, contact: Joanne W. Young Kirstein & Young PLLC 1750 K Street NW Suite 200 Washington, D.C. 20006 Telephone: (202) 331-3348 Fax: (202) 331-3933 Email: [email protected] http://www.yklaw.com The Kirstein & Young law firm specializes in representing U.S. and foreign airlines, airports, leasing companies, financial institutions -
Asia Onward Flights Table and Booking Guide
ASIA ONWARD FLIGHTS TABLE AND BOOKING GUIDE Number of onward flights: 39 Airlines: Bangkok Airways, Cathay Pacific, China Eastern Airlines, Dragonair, Malaysia Airlines and Vietnam Airlines. Onward Airline Onward Airline Routing Airline Routing Airline destination code destination code PVG-CSX Lampang BKK-LPT Bangkok Airways PG Changsha China Eastern Airlines MU SHA-CSX Lishe HKG-NGB DragonAir KA Chengdu HKG-CTU DragonAir KA Luang Prabang BKK-LPQ Bangkok Airways PG Chiang Mai BKK-CNX Bangkok Airways PG Manila HKG-MNL Cathay Pacific CX PVG-CKG Nanking HKG-NKG DragonAir KA China Eastern Airlines MU Chongqing SHA-CKG Penang HKG-PEN DragonAir KA HKG-CKG DragonAir KA Phnom Penh BKK-PNH Bangkok Airways PG PVG-FOC Phuket BKK-HKT Bangkok Airways PG China Eastern Airlines MU Fuzhou SHA-FOC Qingdao HKG-TAO DragonAir KA HKG-FOC DragonAir KA HKG-SGN Cathay Pacific CX Guangzhou HKG-CAN DragonAir KA Saigon BKK-SGN Vietnam Airlines VN Hangzhou HKG-HGH DragonAir KA SIN-SGN HKG-HAN DragonAir KA Sanya HKG-SYX DragonAir KA Hanoi BKK-HAN Sukhothai BKK-THS Bangkok Airways PG Vietnam Airlines VN SIN-HAN Trat BKK-TDX Bangkok Airways PG BKK-USM Wuhan HKG-WUH DragonAir KA Koh Samui Bangkok Airways PG SIN-USM Xiamen HKG-XMN DragonAir KA HKG-KUL Cathay Pacific CX Xi’an HKG-XIY DragonAir KA Kuala Lumpur BKK-KUL Malaysia Airlines MH Yangon BKK-RGN Bangkok Airways PG Kunming HKG-KMG DragonAir KA see next page for full booking guide... asia ONWARD FLIGHTS BOOKING GUIDE 2 MULTISECTOR request 1 Login to LIBE and select ‘Multisector Request’ at the bottom of the availability search section. -
Monthly OTP July 2019
Monthly OTP July 2019 ON-TIME PERFORMANCE AIRLINES Contents On-Time is percentage of flights that depart or arrive within 15 minutes of schedule. Global OTP rankings are only assigned to all Airlines/Airports where OAG has status coverage for at least 80% of the scheduled flights. Regional Airlines Status coverage will only be based on actual gate times rather than estimated times. This July result in some airlines / airports being excluded from this report. If you would like to review your flight status feed with OAG pleas [email protected] MAKE SMARTER MOVES Airline Monthly OTP – July 2019 Page 1 of 1 Home GLOBAL AIRLINES – TOP 50 AND BOTTOM 50 TOP AIRLINE ON-TIME FLIGHTS On-time performance BOTTOM AIRLINE ON-TIME FLIGHTS On-time performance Airline Arrivals Rank No. flights Size Airline Arrivals Rank No. flights Size SATA International-Azores GA Garuda Indonesia 93.9% 1 13,798 52 S4 30.8% 160 833 253 Airlines S.A. XL LATAM Airlines Ecuador 92.0% 2 954 246 ZI Aigle Azur 47.8% 159 1,431 215 HD AirDo 90.2% 3 1,806 200 OA Olympic Air 50.6% 158 7,338 92 3K Jetstar Asia 90.0% 4 2,514 168 JU Air Serbia 51.6% 157 3,302 152 CM Copa Airlines 90.0% 5 10,869 66 SP SATA Air Acores 51.8% 156 1,876 196 7G Star Flyer 89.8% 6 1,987 193 A3 Aegean Airlines 52.1% 155 5,446 114 BC Skymark Airlines 88.9% 7 4,917 122 WG Sunwing Airlines Inc. -
Sky Pearl Club Membership Guide
SKY PEARL CLUB MEMBERSHIP GUIDE Welcome to China Southern Airlines’ Sky Pearl Club The Sky Pearl Club is the frequent flyer program of China Southern Airlines. From the moment you join The Sky Pearl Club, you will experience a whole new world of exciting new travel opportunities with China Southern! Whether you’re traveling for business or pleasure, you’ll be earning mileage toward your award goals every time you fly. Many Elite tier services have been prepared for you. We trust this Guide will soon help you reach your award flight to your dream destinations. China Southern Sky Pearl Club cares about you! 1 A B Earning CZ mileage Redeeming CZ mileage Airlines China Southern Airlines Award Ticket Hotels China Southern Airlines Award Upgrade Banks Partner Airlines Award Ticket Telecommunications, Car Rentals, Business Travel,Dining and others C D Enjoying Sky Pearl Elite Benefits Getting Acquainted with Sky Pearl Rules Definition Membership tiers Membership Qualification and Mileage Account Elite Qualification Mileage Accrual Elite Benefits Mileage Redemption Little Pearl Benefits Membership tier and Elite benefits 2 Others A Earning CZ mileage Whether it’s in the air or on the ground, The Sky Pearl Club gives you more opportunities than ever before to earn Award travel. When flying with China Southern or one of our many airline partners, you can earn FFP mileage. But, that’s not the only way! Hotels stays, car rentals, credit card services, telecommunication services or dining with our business-to-business partners can also help you earn mileage. 3 Airlines Upon making your reservation and ticket booking, please provide your Sky Pearl Club membership number and make sure that passenger’s name and ID is the same as that of your mileage account. -
Vietnam Commercial Aviation Market and VALC Airlines
Vietnam Commercial Aviation Market and VALC Airlines: 1. Vietnam Airlines (VN) a. 100% - VASCO (0V) b. 70% - Jetstar Pacific Airlines (BL) c. 49% - Cambodia Angkor Air (K6) 2. VietJet Air (VJ) Market share as of September 1, 2013: (Image credit: CAPA) http://centreforaviation.com/analysis/vietjet-overtakes-jetstar-pacific-as-largest-vietnamese-low-cost-carrier-84614) • Market dominated by Vietnam Airlines Corporation and VietJet Aviation JSC • Air Mekong ceased operations in 2013, unlikely to ever resume operations Vietnam Airlines VN’s growth plan for 2015 is unrealistic and unattainable. It has already fallen short of its fleet goals for 2013 and will, at most, add another 10 A321s to its fleet by 2015. If VN expects the kind of growth outlined in its 2011 plan, they will need to lease 100% of their aircraft. According to their plan, VJ will have about the same number of narrowbody aircraft as VN by the end of the decade. And better (or worse) yet, VietJet plenty of eager backers willing to finance its purchase of up to 100 new A320s with deliveries starting next year. Almost all new narrowbody and widebody aircraft delivery slots are full until at least after 2017. VN will simply not be able to grow at its planned rate without finding early delivery positions or leasing new aircraft. Up until last week, VN had a chance to negotiate an order for somewhat preferable delivery slots for delivery before 2020. Now, after Dubai, VN has few options but to find leased aircraft to grow its fleet until the end of the decade. -
Usef-I Q2 2021
Units Cost Market Value U.S. EQUITY FUND-I U.S. Equities 88.35% Domestic Common Stocks 10X GENOMICS INC 5,585 868,056 1,093,655 1ST SOURCE CORP 249 9,322 11,569 2U INC 301 10,632 12,543 3D SYSTEMS CORP 128 1,079 5,116 3M CO 11,516 2,040,779 2,287,423 A O SMITH CORP 6,897 407,294 496,998 AARON'S CO INC/THE 472 8,022 15,099 ABBOTT LABORATORIES 24,799 2,007,619 2,874,948 ABBVIE INC 17,604 1,588,697 1,982,915 ABERCROMBIE & FITCH CO 1,021 19,690 47,405 ABIOMED INC 9,158 2,800,138 2,858,303 ABM INDUSTRIES INC 1,126 40,076 49,938 ACACIA RESEARCH CORP 1,223 7,498 8,267 ACADEMY SPORTS & OUTDOORS INC 1,036 35,982 42,725 ACADIA HEALTHCARE CO INC 2,181 67,154 136,858 ACADIA REALTY TRUST 1,390 24,572 30,524 ACCO BRANDS CORP 1,709 11,329 14,749 ACI WORLDWIDE INC 6,138 169,838 227,965 ACTIVISION BLIZZARD INC 13,175 839,968 1,257,422 ACUITY BRANDS INC 1,404 132,535 262,590 ACUSHNET HOLDINGS CORP 466 15,677 23,020 ADAPTHEALTH CORP 1,320 39,475 36,181 ADAPTIVE BIOTECHNOLOGIES CORP 18,687 644,897 763,551 ADDUS HOMECARE CORP 148 13,034 12,912 ADOBE INC 5,047 1,447,216 2,955,725 ADT INC 3,049 22,268 32,899 ADTALEM GLOBAL EDUCATION INC 846 31,161 30,151 ADTRAN INC 892 10,257 18,420 ADVANCE AUTO PARTS INC 216 34,544 44,310 ADVANCED DRAINAGE SYSTEMS INC 12,295 298,154 1,433,228 ADVANCED MICRO DEVICES INC 14,280 895,664 1,341,320 ADVANSIX INC 674 15,459 20,126 ADVANTAGE SOLUTIONS INC 1,279 14,497 13,800 ADVERUM BIOTECHNOLOGIES INC 1,840 7,030 6,440 AECOM 5,145 227,453 325,781 AEGLEA BIOTHERAPEUTICS INC 287 1,770 1,998 AEMETIS INC 498 6,023 5,563 AERSALE CORP -
COVER CONNECT2 5 Layout 1
ConnectA Zain Magazine | August 2010 Issue 10 FAREWELL TO AFRICA ZAIN’S LEGACY OF ACHIEVEMENT THE SPEED OF LTE • IPAD MANIA • IN-FLIGHT, ONLINE • DHOWS OF THE OCEAN • THE SPIRIT OF BEIRUT • UM KULTHUM RAMADAN KAREEM Allah Akbar Greater than my success, greater than my fear No matter how deep your worries or how steep your challenges, no matter how powerful your fears or how discouraging an illness may seem… remember that God is greater. Allah Akbar. It is more than a call for prayer; it is a call of faith and hope. Deeper than any expression of human emotion, it is a source of strength that rises against all odds. This month and every moment of every day of every month that follows… we raise the call that helps us rise above. Ramadan Kareem. Allah Akbar Greater than my success, greater than my fear No matter how deep your worries or how steep your challenges, no matter how powerful your fears or how discouraging an illness may seem… remember that God is greater. Allah Akbar. It is more than a call for prayer; it is a call of faith and hope. Deeper than any expression of human emotion, it is a source of strength that rises against all odds. This month and every moment of every day of every month that follows… we raise the call that helps us rise above. Ramadan Kareem. CEO’S MESSAGE Building on solid foundations t gives me great pleasure to address you for the Every Teacher” initiative. In Bahrain we used first time and to welcome you to the 10th issue technology to help those with impaired hearing Iof Zain’s corporate magazine, now called and highlighted the need for more women in the Connect, appearing in both English and Arabic in workforce. -
Gogo Teams with Samsung to Provide One Year of In-Flight Internet Access with Purchase of Galaxy Note Pro and Tab Pro Products
Gogo Teams with Samsung to Provide One Year of In-flight Internet Access With Purchase of Galaxy Note Pro and Tab Pro Products March 24, 2014 ITASCA, Ill., March 24, 2014 /PRNewswire/ -- Gogo (NASDAQ: GOGO), the leading provider of in-flight communications services to the global aviation industry, announced today that it will join forces with Samsung to offer a full year (up to 36 flights) of Gogo Inflight Internet access with the purchase of any of the following Samsung tablets: Samsung Galaxy Note Pro 12.2 Samsung Galaxy Tab Pro 12.2 Samsung Galaxy Tab Pro 10.1 Samsung Galaxy Tab Pro 8.4 Accessing the free sessions is easy: passengers simply launch their Internet browsers on any Gogo equipped flight and they will automatically be directed to a special landing page that will grant them Internet access. "While traveling at 30,000 feet, tablets are great tools for staying productive in-flight," says Ash ElDifrawi, Gogo's chief commercial officer. "We know that the number of passengers using tablets in-flight to connect through Gogo is a growing segment and that tablets today make up 34 percent of the devices using the service. Now those passengers who have purchased a Samsung Pro series tablet can access Gogo for free for a year on up to 36 flights." To promote this, Gogo will be launching a contest through social media on March 25, 2014 with the chance to win a Samsung Pro series tablet. Enter for your chance to win at www.facebook.com/gogo About Gogo Gogo is the global leader of in-flight connectivity and wireless in-flight digital entertainment solutions. -
Family Friendly Airline List
Family Friendly airline list Over 50 airlines officially approve the BedBox™! Below is a list of family friendly airlines, where you may use the BedBox™ sleeping function. The BedBox™ has been thoroughly assessed and approved by many major airlines. Airlines such as Singapore Airlines and Cathay Pacific are also selling the BedBox™. Many airlines do not have a specific policy towards personal comforts devices like the BedBox™, but still allow its use. Therefore, we continuously aim to keep this list up to date, based on user feedback, our knowledge, and our communication with the relevant airline. Aeromexico Japan Airlines - JAL Air Arabia Maroc Jet Airways Air Asia Jet Time Air Asia X Air Austral JetBlue Air Baltic Kenya Airways Air Belgium KLM Air Calin Kuwait Airways Air Caraibes La Compagnie Air China LATAM Air Europa LEVEL Air India Lion Airlines Air India Express LOT Polish Airlines Air Italy Luxair Air Malta Malaysia Airlines Air Mauritius Malindo Air Serbia Middle East Airlines Air Tahiti Nui Nok Air Air Transat Nordwind Airlines Air Vanuatu Norwegian Alaska Airlines Oman Air Alitalia OpenSkies Allegiant Pakistan International Airlines Alliance Airlines Peach Aviation American Airlines LOT Polish Airlines ANA - Air Japan Porter AtlasGlobal Regional Express Avianca Royal Air Maroc Azerbaijan Hava Yollary Royal Brunei AZUL Brazilian Airlines Royal Jordanian Bangkok Airways Ryanair Blue Air S7 Airlines Bmi regional SAS Brussels Airlines Saudia Cathay Dragon Scoot Cathay Pacific Silk Air CEBU Pacific Air Singapore Airlines China Airlines -
Millemiglia Members's Partners
ATTACHMENT A) OF MILLEMIGLIA REGULATIONS MILLEMIGLIA MEMBERS’S PARTNERS COMMERCIAL PARTNERS At the MilleMiglia Program participating companies, operating in different industries, as a Commercial Partners. By using the vast range of services and products offered by the Partners, Members of the Program accrue miles, according to the terms stipulated between Alitalia and each Partner, and which may be consulted on the website www.alitalia.com. Moreover, through special promotions, MilleMiglia Members may benefit from a more awarding mileage accrual scheme – bonus miles – which are added to the miles normally granted. The list of Program Partners is available on the Internet website www.alitalia.com and/or in the Guide and/or in the Program Communications. The regulations of the mile awarding operations of the Partners associated with the MilleMiglia Program may be consulted by clicking on the website links of the air carrier Partners given below. This list is subject to variation following the possible evolution of portfolio agreements. The Program promptly communicates to Member any variations in the aforementioned list. However, such variations do not cause the loss of the miles accrued by using the services provided by any Partner excluded from the list. The Commercial Partners of the Program are: HOTELS AND ACCOMODATION ALL - ACCOR LIVE LIMITLESS BEST WESTERN BOOKING.COM DUETORRIHOTELS FIRST TRAVEL HOTEL EDEN (Gruppo Dorchester) INTERCONTINENTAL HOTEL GROUP KALIGO MARRIOTT BONVOY NH HOTELS ROCCO FORTE HOTELS ROCKETMILES SPORTING VACANZE