Smaller aircraft used less frequently in VietnamVietNamNet Bridge - Only four out of 21 airports receive small aircraft, while other airports all have been upgraded to receive jet planes. Only four out of 21 airports receive small aircraft, while other airports all have been upgraded to receive jet planes. VALC (Vietnam Aircraft Leasing Company) has put 5 ATR72-500s worth $48 million, or VND1.08 trillion, up for auction. Vietnam Airlines leased them from VALC as part of its plan to expand the fleet by 2020 approved by the Prime Minister.Under the aircraft dry leasing contract, Vietnam Airlines will use ATR72s until 2022. Though Vietnam Airlines is the only carrier on the routes, it cannot raise the airfare because of low demand.Analysts pointed out that ATR72 has lower business efficiency than large-size aircraft.

Source: VietNamNet News September 03, 2016 03:05 UTC