Vietnam’s budget carrier VietJetAir has entered into a partnership with a Thai air carrier to capitalise on this lucrative market.
Kan Air, a Thai potential air carrier, has been chosen to establish a Thai VietJetAir joint venture of a new generation.
A document to this effect was signed in Bangkok June 26 between representatives of VietJetAir and Kan Air.
At the signing ceremony, Vietnamese Deputy Prime Minister Nguyen Xuan Phuc said cooperation between the two airlines will help boost trade and tourism ties between Vietnam and Thailand.
He expressed his belief that with its fleet modernisation and operation expansion strategy, VietJetAir will contribute to promoting Vietnam’s image to international friends.
A VietJetAir representative said the establishment of the JV is the company’s first step towards tapping into international markets through its various modes of cooperation.
Thai VietJetAir is scheduled to fly in early 2014, using A320s.
With a fleet of 10 A320s, VietJetAir is flying to 11 domestic destinations and operating two international routes between HCM City and Hanoi of Vietnam to Bangkok, Thailand.