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Old 11th July 2009, 11:06   #681 (permalink)
 
Join Date: Aug 2007
Location: Australia
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Right now, from an A330 skippers point of view, the thought is that Parc is sending out emails to people on it's books just trying to give everyone that warm wet feeling when in fact they have absolutely no idea when or if, the next course of 330 drivers is going to be asked for.

Having said that the silence from Rishworth is deafening !!
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Old 12th July 2009, 08:05   #682 (permalink)
 
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Vietnam Airlines forecasts profit of US$1.6m

Date : 09 Jul 2009 1514 hrs

HANOI: Vietnam Airlines has estimated a pre-tax profit of 1.6 million dollars for the first half, despite the global downturn and H1N1 flu pandemic hitting global air travel.

The figure compares with a loss of 4.65 million dollars in the same period last year, which was blamed on higher fuel prices, which surged in the first six months before diving as the economic crisis set in.

In a press statement on Thursday, the flag carrier forecast revenue in the January-June period was 637 million dollars, compared with 680 million dollars last year.

The airline's business "had been seriously influenced by the world economic crisis and the type A (H1N1) epidemic... which reduced the demand for travelling by foreign passengers," it said.

H1N1 flu, classed as a pandemic by the World Health Organization, has infected more than 94,000 people and killed more than 400 around the world.

Despite the challenging global environment, Vietnam Airlines said it transported 0.6 per cent more passengers, totalling 4.5 million, during the first half.

The carrier added that it did not have to reduce staff while many other international airlines had to lay off employees and scale down operations.

For the full-year 2008 it reported a pre-tax profit of 14 million dollars, picking up in the second half as fuel costs fell.

Vietnam Airlines expects to triple its fleet of 50 aircraft by 2020, and officials say it is seeking to become one of the region's leading carriers.

from channelnewsasia
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Old 14th July 2009, 04:47   #683 (permalink)
 
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ANY oppurtunity for airframe and powerplant tech in vietnam airlines

Hi ,,,

M an aircraft tech working in south asia.. I would be glad to have the info if vietnam airline is recruting engineers or technicians rite now.. M working in A320with V2500 engine in line.

Thanks.

Good day.
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Old 14th July 2009, 16:10   #684 (permalink)
 
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Location: Gone to my "Happy Place".
Posts: 157
Financial status changes as quick as the roster!


Vietnam Airlines posts drop in profit
(14-07-2009)

HA NOI — National flag carrier Vietnam Airlines is continuing to see a strong decline in pre-tax profit, which was just VND28 billion (US$1.6 million) in the first half of the year.

In first quarter alone, the carrier’s pre-tax profit was VND24 billion ($1.3 million). In the following three months, the airline earned just VND4 billion ($224,000).

This year’s figures are well down from the same period last year when the airline earned an average monthly pre-tax profit of VND20 billion ($1.1 million).

Vietnam Airline’s business in the first six months of this year was strongly affected by the world recession and the A/H1N1 flu pandemic, the carrier said.

Although revenue from domestic flights increased by 15 per cent in the first half of the year, the carrier only managed a total revenue of VND11.35 trillion ($630.5 million), equivalent to 48.09 per cent of its yearly target.

During the first six months of this year, Vietnam Airlines operated 32,319 flights, carrying more than 4.4 million passengers.

The volume of domestic passengers increased by 8.8 per cent over the same period last year, reaching more than 2.9 million passengers. However, the number of international passengers was 1.5 million, down 11.8 per cent from the same period last year.

"The drop in international passengers is caused by the decreasing volume of foreign visitors coming to the country. In the first half, this volume decreased by 20 per cent. Of those, the number of visitors using airlines was down by 11.6 per cent," the airline said. In the first half of the year, Vietnam Airlines seat occupancy rate was 72.5 per cent.

The airline carried 59,405 tonnes of cargo, 49.6 per cent of its yearly plan, representing a fall of 6.8 per cent over the same period last year.

The airline contributed VND124.2 billion to the State budget in the first half.
To offset costs, "in the next six months we will also improve our competitiveness and services to maintain our market share," the carrier said.

To save fuel, Vietnam Airlines has opened four new domestic routes since July, helping the company cut between four and 10 minutes off each flight and save $6-7 million in fuel costs.

In the next six months, the airline will also receive additional Government support.
Earlier, the Government approved projects to improve the quality of 10 airports.

Furthermore, the Government also gave the green light to Vietnam Airlines to buy an additional 32 Airbus, 11 Boeing and 11 ATR 72 planes. —
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Old 14th July 2009, 22:36   #685 (permalink)
 
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Hi everyone,

anyone here who is flying the ATR 72 for Vietnam Airlines?

need some insider info for a major decision!!

thx

What is the Cpt. pay?
What roster?
Any benefits?
Commuting possible?
Rishworth offer currently, will check Parc!
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Old 15th July 2009, 07:26   #686 (permalink)
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Quote:
Standard roster pattern:
6 weeks ON duty, 2 weeks OFF duty
$8,335 per month
You will commence your contract with the standard roster pattern above. There is the opportunity to
change roster patterns once on contract to Option A or B which is subject to approval by Vietnam
Airlines.
Option A:
5 weeks ON duty, 3 weeks OFF duty
$6,946 per month
Option B:
4 weeks ON duty, 4 weeks OFF duty
$5,557 per month
The above payment and roster patterns will apply from 14 days after commencement of Ground
School. For the first 13 days you will receive $65 per day plus hotel accommodation and ground
transportation provided by Vietnam Airlines.
ATR72 monthly payment amounts will increase by 2% in May 2011 and again in May 2012.
All answers are in the thread (somewhere), I doubt you could find an easier going operation, I think they fly around 35 hours a month, home every night.

Good luck, D.L.
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Old 15th July 2009, 22:33   #687 (permalink)
 
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Location: greece
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35 hrs a month??? are you kidding? if not, please don´t call it work.....
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Old 16th July 2009, 15:02   #688 (permalink)
 
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It seems that the 'new' deal for new contracts is a 10% reduction on the basic salary for the FIRST TWELVE MONTHS ONLY, and then returning to the usual rate. All other conditions remain the same.
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Old 16th July 2009, 23:55   #689 (permalink)
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Vietnam Airlines

Hello. I'm a A320 TRE and I'm thinking to move to Vietnam Airlines. How about the roster 4 on/4 off?
I've received some information (PARC) and it seems to be good? I think this roster is interesting, but do they really offer this roster?
I'm thinking to take my family (I have 2 child, 4 & 5 years old) if they don't offer me the 4/4 roster. What about schools and houses in HCMC.
Thanks
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Old 17th July 2009, 03:06   #690 (permalink)
 
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RTFT, if I may suggest!
;-)
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Old 17th July 2009, 08:13   #691 (permalink)
 
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"All other conditions stay the same"?!?!?!? If they were at all interested/serious about saving money they would put any new starters in Hanoi for a year and they would save $1000s every week and just leave the salaries as they are. Then everyones happy, unless there was a person getting a kickback from the min number of rooms being used in Hanoi every night. But surely that wouldn't happen as the government is doing everything in their power to stop corruption.....or am I just being naive
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Old 18th July 2009, 17:30   #692 (permalink)
 
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Does anyone know, now with they hiring starting again, if Rishworth and Euro-Pacific are also offering the reduced (10%) contracts for the first year?
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Old 19th July 2009, 08:32   #693 (permalink)
 
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Quote:
35 hrs a month??? are you kidding? if not, please don´t call it work.....
The Fokker fleet flys less!
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Old 20th July 2009, 11:16   #694 (permalink)
 
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Location: over there
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Hi Jimmy and all.

I missed the Fokker window late last year . Its all about timing. Is there any chance of getting on the Fokker soon this year? I have been wanting to get into VAC for a few years. I realy want to move on from where i am ASAP.
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Old 20th July 2009, 15:52   #695 (permalink)
Duh
 
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6 and 2
5 and 3
4 and 4
These are commuting schedules ???
Where would you commute to ???
Especially if you lived in madrid, London or even Los Angelos.
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Old 20th July 2009, 16:21   #696 (permalink)
 
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No, this is not a commuting contract although you might be able to do it depending on where you want to go.
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Old 21st July 2009, 00:42   #697 (permalink)
 
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Location: Egoli
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Just two questions please ( I am new to this contract flying ). I might get an offer for an Fo slot on the 777. Do you also get full pay when it is your off rotation or only when you are on roster.
Is there any change for an upgrade once you started as an FO?
Thanks for any help !!!!!
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Old 21st July 2009, 05:39   #698 (permalink)
Duh
 
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Volare, I've been trying to get a straight answers on many questions there(VAC) and all you get in return are short quips and half answers. From what I understand, if yor on a 6 and 2 schedule you are not paid for the "2" weeks off. I think that is why you see the word "Pro Rata" for per diem, housing allowance etc etc. As to my question for commuting, if it's NOT a commuting schedule then why do they provide a positive space ticket at the end of each rotation? Duhhhhhhhhhh
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Old 21st July 2009, 07:23   #699 (permalink)
 
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The contract companies can explain it to you if you don't understand........DUUUUHHHH
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Old 21st July 2009, 08:43   #700 (permalink)
 
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Volare 737 & Duh

In the 35 pages on this thread you would have answers to your questions many times over-its been covered time & time again. That is why you now get half answers & quips-people are weary of answering the same thing over & over again!

As far as a commuting contract goes-that is what most people consider it is- but depending on where you home is it may not be practical to get home in a 2 week break. That is for each individual to decide. You will have a confirmed return ticket anywhere on the VAC network for each 2 week break-if you want to use it.

You are paid a monthly salary which takes into account the time you have off-the salary is the same every month-if you take leave or not. This applies to all the different contracts available ie: 6/2 or 5/3 or 4/4.

Good luck & any information you want about VAC or life in Vietnam is contained in this thread.
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