Khóa luận - The potential impacts of ASEAN Open Sky on Vietnam aviation industry

TABLE OF CONTENTS

INTRODUCTION.. 1

CHAPTER 1: AIR SERVICE LIBERALIZATION: RATIONALE AND THEORY.. 4

1.1      Regulation and deregulation in air service sector: rationale and scope. 4

1.1.1     Air service regulation. 4

1.1.2      Air service deregulation. 7

1.2      Introduction to an emerging vehicle for air service liberalization: Open Skies Agreement  11

1.3      Economic impacts of liberalization on aviation industry. 13

1.1.3      Impact on competition and fare. 13

1.1.4      Impact on traffic. 16

1.1.5      Impact on strategic behaviour. 18

1.1.6      Impact on route structure. 20

1.1.7      Impacts on the aviation industry as a whole. 24

CHAPTER 2: ASEAN OPEN SKY’ POTENTIAL IMPACTS ON VIETNAM AVIATION INDUSTRY   27

2.1      Introduction to ASEAN Open Skies. 27

2.1.1      Overview of ASEAN Economic Community. 27

2.1.2      ASEAN Open Skies Agreements. 29

2.1.3      ASEAN Open Skies’ progress to realization: ratification status. 41

2.2      Analysis of potential impacts on Vietnam aviation market. 44

2.2.1      Overview of Vietnamese Aviation Market 44

2.2.2      Impact on competition, market scale and fares. 47

2.2.3      Impact on route structure. 52

2.2.4      Impact on strategic behavior. 58

CHAPTER 3: POLICY IMPLICATION AND RECOMMENDATIONS FOR AIRLINES  60

3.1    Development orientation of Vietnam aviation industry. 60

3.2    Groups of recommendations for the development of passenger air transport sector  61

3.2.1    Infrastructure development 61

3.2.2    More open policies. 64

3.2.3    Increasing airlines’ competitiveness. 65

3.2.4   Human resources development 67

3.2.5   Tourism – aviation partnership. 68

CONCLUSION.. 70

REFERENCES. 71

APPENDIX 1...........................................................................................................79