📋 Tender Overview
Faced with a sharp increase in jet fuel prices and supply shortages, airlines recommend that competent authorities consider many policies and support mechanisms to maintain upcoming air transport operations. Download Airlines fuel supply will be guaranteed until the end of March 2026 Raw material prices have tripled, supplies are scarce. On March 9, the Vietnam Aviation Administration met with agencies and units in the aviation industry on plans to respond to the impacts of fuel price increases due to conflicts in the Middle East. Mr. Bui Minh Dang, Head of the Air Transport Department, Vietnam Civil Aviation Administration, said that in response to the complicated developments of the war situation in China, In the East, JetA1 fuel prices have increased threefold, causing airlines to face many difficulties when costs are expected to increase by 60-70%. In addition, the increase in diesel prices also significantly affects the operations of airports. Petroleum suppliers at this time are also facing difficulties in ensuring the maintenance of fuel supply for air transport activities in Vietnam. RELATED NEWS Petroleum supply is basically stable, hoarding is reduced. Ministry of Finance proposes to reduce petroleum import tax, helping businesses proactively source goods. Implementing gasoline price management according to Resolution No. 36/NQ-CP of the Government Mr. Tran Minh Tuan, General Director of Vietnam Aviation Fuel Company Limited (Skypec) informed that currently, the units fuel sources are mainly imported from Singapore, Thailand, China (accounting for about 70-80% of the supply) and domestically at Dung Quat and Nghi Son refineries (about 20-30%). Regarding quantity, Skypec affirmed that it will ensure fuel supply for the airlines. airline until March 31, 2026 and has placed orders for April 2026 needs. However, in the coming time, the company will have to continue to monitor developments in the Middle East region. Faced with this situation, Mr. Tuan proposed that the Civil Aviation Authority of Vietnam advise domestic and foreign airlines to optimize fuel use plans. At the same time, companies must commit to relatively accurate output in the months of March-May 2026 so that Skypec can be proactive in terms of goods sources and finance. Similarly, Mr. Nguyen Van Hoc, General Director of Petrolimex Aviation Fuel Joint Stock Company also pledged to ensure fuel supply for airlines until the end of March 2026. However, in April, it was still not possible to confirm before the signed order was canceled but was at risk of cancellation (due to the Force Majeure clause being activated by the relevant parties - force majeure clause). Along with that, Mr. Hoc also proposed that the Civil Aviation Authority of Vietnam report to the competent authority to have a say in the above countries commitment to carry out the signed shipments. Currently, the ship is waiting for these shipments to return to Vietnam to meet very urgent domestic needs. Proposal to exempt environmental protection tax on jet fuel. As for the airline, Mr. Nguyen Quang Trung, Deputy General Director of Vietnam Airlines, assessed: Jet fuel supply in April will be very difficult. In the immediate future, the airline will use fuel reserves from March, and at the same time deploy fuel-saving solutions to ensure part of the operating needs in April. If fuel prices increase to about 200 USD/barrel, operating costs can double. Then the airlines will lose more and more money, Mr. Trung said. To overcome the immediate difficulties, a representative of Vietnam Airlines proposed that the competent authority consider exempting environmental protection tax on fuel. fly. At the same time, the Civil Aviation Authority of Vietnam is requested to have a voice with international aviation authorities to apply flexible mechanisms similar to the COVID-19 epidemic period. Further information, a representative of Vietnam Airlines said: In the context of a number of Middle Eastern airlines temporarily suspending operations, Vietnam Airlines has adjusted a number of flight routes to Europe, adding about 30 flights to relieve the backlog of passengers in Vietnam and vice versa. This is a big risk but also opens up opportunities for Vietnamese airlines to attract more passengers as well as gradually realize the strategy of turning Vietnam into a regional transshipment center. Representatives of Airports Corporation of Vietnam (ACV) have also asked airports to review existing petroleum resources and increase reserves to ensure port operations are not interrupted. Efforts to ensure the rights of passengers Director of Vietnam Aviation Administration Uong Viet Dung Comment: In the current difficult context, agencies and units are requested to urgently send back reports and specific proposals so that the Vietnam Aviation Administration can synthesize the situation, evaluate the current situation, and develop recommendations and solutions to submit to competent authorities for consideration. In the immediate future, support policies and mechanisms need to be considered until the end of May 2026. The Director recommended that domestic fuel suppliers need to maintain production and business plans, ensuring supply for aviation activities. Airlines need to comply with contractual commitments, proactively review and buildDevelop appropriate exploitation plans, limit over-reliance on markets through the Middle East and strictly fulfill payment obligations to fuel suppliers. Airlines also need to optimize costs, have solutions to maintain flight networks and flight plans; enlist and coordinate closely with the tourism industry to research new openings or increase flight frequency to potential markets such as the Americas, Africa, Australia, Eastern Europe, India, Japan and Korea... and ensuring service quality corresponding to cost reduction, ensuring publicity and transparency of information and being proactive in communication to passengers and promptly respondin
