Vietjet

Update news Vietjet

Vietjet inks deal with Airbus to order 20 A321XLR aircraft

Vietjet and aircraft manufacturer Airbus on October 31 signed a contract for 20 brand-new A321XLR aircraft.

Vietnamese billionaires’ sons succeed parents in business

Swift 247 was established in early 2019 to provide cargo transport service via technology, connecting transport modes and via air with its strategic partner Vietjet Cargo.

Vietnam’s Kite Air scheduled for commercial operation in Q1/2020

Vietnam’s Ministry of Transport supports the establishment of Kite Air as room remains large for airlines utilizing small airports, in turn meeting Vietnam’s huge transport demands.

Promising land of on-ground airport services in Vietnam

The new players to the aviation market are also setting eyes on the hugely profitable on-ground airport services.

Bamboo Airways leads in on-time performance index

Newly-opened Bamboo Airways topped the list of Vietnamese airlines in terms of on-time performance index in the first nine months of this year, according to the Civil Aviation Administration of Vietnam (CAAV).

Aviation regulator tells airlines to be cautious in expanding fleets

The Civil Aviation Authority of Vietnam (CAAV) has advised local airlines to refrain from adding significant numbers of new aircraft, noting that their fleets could far exceed passenger and cargo transportation needs.

Vietnamese aviation market under double pressure

The Vietnamese aviation market grew slowly in the first half of 2019, falling far short of the double-digit average growth in 2013-2018.

On-ground airport services: new battlefield

The companies that provide on-ground services at airports are making big profits and do not want air carriers to take them over.

Vietnam Airlines, Vietjet fear they may lose market share to newcomers

Both Vietnam Airlines and Vietjet have had to change their policy on air tickets for the 2020 Tet season because of the presence of Bamboo Airways, a ‘rookie’ in the aviation market.

Vietnam Opportunity Fund completely exits Vietjet

VinaCapital’s Vietnam Opportunity Fund (VOF) has sold its entire holding in Vietjet Aviation JSC (HoSE: VJC).

 

More airlines are operating, but challenges lie ahead

Six airlines have licenses to operate, while two airlines have applied for licenses at state management agencies.

More airlines want to take off, though market growth slows

The Civil Aviation Authority of Vietnam (CAAV) has affirmed that Vinpearl Air and Vietravel can meet the requirements for submission to the PM for approval.

Vietjet shares may be added into ETF investee list

The US-listed asset management fund VanEck Vectors Vietnam ETF (VNM ETF) may purchase shares of the new generation carrier Vietjet in its upcoming quarterly portfolio reshape.

 

More airlines join market, putting pressure on infrastructure

Vo Huy Cuong, deputy head of the Civil Aviation Authority of Vietnam (CAAV) on July 10 confirmed that CAAV has not received an application for a license from Vinpearl Air JSC.

Vinpearl Air prepares for launch?

Vingroup, the multi-field conglomerate, has taken the first step to join the aviation market, setting up Vinpearl Air JSC, VinAviation School, and VPA Training Center.

Vietnam's delayed and cancelled flight report in H1 released

The Civil Aviation Authority of Vietnam (CAAV) has released its report on delayed and cancelled flights by local airlines in the first half of 2019.

 

VN economy to rely on strength of private corporations

The confidence of Vietnam's economy is increasingly being placed in private corporations.

International safety standards achieved by VN aviation industry

Vietjet, Vietnam Airlines, and Jetstar Pacific Airlines – the country’s top airlines – have achieved the highest ranking of seven-star on international aviation safety provided by global prestigious rating agency Airline Ratings.

 

What airlines will farewell in Vietnam’s aviation market?

Bamboo Airways, which joined the domestic market in late 2018, has had a clash with Vietnam Airlines, the veteran.

Stop-over charter flights proposed for Van Don Airport

 Newly-operated Van Don International Airport in the northern province of Quang Ninh is seeking the Ministry of Transport’s permission for serving stop-over charter flights.