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Vietjet’s value is only behind Singapore Airlines. The airline was valued at $3.02 billion while Singapore Airlines topped the region at $8.29 billion.

A VietJet aircraft is seen at Noi Bai International airport in Hanoi, Vietnam.

Vietjet Air launched a new international route between Hanoi and Japan’s Osaka. It plans to open two more routes to Japan in December and January.

Earlier this month, Vietjet signed a $6.5 billion agreement to buy 50 Airbus A321neo jets.

The airline said that the order was in line with its growth strategies and will enhance its operational efficiency and capacity, especially on international routes.

In Vietnam, Vietjet only has to contend with two domestic rivals: the state-run Vietnam Airlines and its low-cost arm, Jetstar Pacific Airlines.

"There are only three airlines in Vietnam, and that arrangement facilitates profit generation domestically," a representative at an international brokerage told the Nikkei Asia Review.

In March last year, Vietjet’s market capitalization surpassed that of state-owned Vietnam Airlines only a week after it was listed.

Vietjet currently operates 60 Airbus jets with more than 385 flights daily within Vietnam and to countries and territories such as mainland China, Hong Kong, Japan, Malaysia, Myanmar, South Korea, Singapore, Taiwan and Thailand.

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Low-cost carrier Vietjet will participate in the Modetour Travel Mart 2018, slated for August 31-September 2 in Seoul, the Republic of Korea (RoK), the airline announced on August 28.

 

Vietjet to launch ticket sales for new route

The low-cost carrier Vietjet will officially open ticket sales for its new international route connecting Hanoi and Tokyo (Narita, Japan) from August 22.

 

Vietjet offers tickets priced at 0 VND at Myanmar tourism expo

Low-cost carrier Vietjet will offer hundreds of tickets priced at 0 VND along with many exciting activities at its booth at the Myanmar International Tourism Expo 2018 from July 20 to July 22 at Tatmadaw Exhibition Hall (Yangon). 

 

Vietjet buys 100 new Boeing aircraft

The new-age carrier Vietjet and Boeing Commercial Airplanes signed an order contract for 100 B737 MAX aircraft with a total value of US$12.7 billion at the Farnborough International Airshow 2018, held in Farnborough, the UK, on July 18.

 

Vietjet to operate int’l flights from Cam Ranh airport’s new terminal T2

The budget carrier Vietjet Air announced on July 3 that it will formally operate international flights to and from Cam Ranh airport in the central province of Khanh Hoa at its new international terminal T2.

 

Source: VnExpress