Vietnam’s skies are about to get more crowded.With state-owned Vietnam Airlines JSC and budget carrier Vietjet Aviation JSC serving one of the world’s busiest routes, property developer FLC Group JSC wants a piece of the action with a new airline, operating 37 routes in the country after its inaugural flight in October.Called Bamboo Airways, the new airline still needs a government aviation license before operating and is seeking to capitalize on the nation’s growing middle class and rapidly

Investigators said Monday they still do not know why Malaysia's Flight MH370 vanished four years ago in aviation's greatest mystery, sparking anger and disappointment among relatives of those on board.In a long-awaited report the official investigation team pointed to failings by air traffic controllers, said the course of the Malaysia Airlines plane was changed manually, and refused to rule out that someone other than the pilots had diverted the jet.

Air travel across Southeast Asia is expected to rise at an estimated compounded annual growth rate (CAGR) of 5.8 percent from 2016 to 2036. The International Air Transport Association (IATA) puts the projected number of passengers travelling in 2036 at 7.8 billion people.

With the aviation industry’s strong growth and the shortening of travel times to almost any point on the globe, the world has become a much smaller place. Journeys which just a generation ago would have taken weeks can now be achieved in a day or even less. As for passengers, commercial flight has provided much more than just time-savings.

Blockchain refers to a shared, public ledger of records or transactions that is open to inspection by every participant while not being subject to any form of central control. It is these very capabilities that align particularly well with the characteristics of the airline industry, according to the 2017 report, ‘Beyond the Buzz: The Potential of Blockchain Technology’ by Accenture.

Singapore Airlines said Tuesday second-quarter net profit almost tripled due to passenger growth and improvements in its cargo business, but warned of challenges ahead.