The jet-fuel monopoly held by Vinapco, an arm of national flag carrier Vietnam Airlines, has been dismantled by the Civil Aviation Administration of Vietnam which has licensed Petrolimex Jet Fuel Joint Stock Company to supply the fuel.
|An Indochina Airlines aircraft being fueled by Vinapco at HCMC’s Tan Son Nhat International Airport|
PJF has installed technical facilities and is negotiating with the Southern Airports Corporation over issues like security before it begins supply.
Its director, Le Van Huong, said: “PJF expects to supply fuel to airlines at Tan Son Nhat International Airport starting in the fourth quarter. In future, it will expand to Da Nang and Noi Bai airports.”
PJF will hit the ground running because it already has in place an import and distribution system that is operating smoothly and sells some 2,000 tons of jet fuel to Cambodia every month.
CAAV has also received an application from Tan Son Nhat Petrol Commercial Joint Stock Company to supply aviation fuel.