ID :
115915
Sat, 04/10/2010 - 13:50
Auther :

VietJet AirAsia would make its first commercial flight in August

Hanoi (VNA) -- Vietnam-based low-cost airline VietJet AirAsia would
make its first commercial flight in August, said AirAsia general director Tony
Fernandes on April 8.

Fernandes was at a signing ceremony for the strategic partnership agreement
between Malaysian budget carrier AirAsia and local VietJet Aviation, held in
Hanoi .

The ceremony was witnessed by Malaysian Prime Minister Yang Amat Berhormat
Dato’ Sri Mohd Najib Tun Razak and Vietnamese Deputy Prime Minister Truong Vinh
Trong, as well as representatives of the two countries’ ministries.

AirAsia has bought a 30 percent stake in VietJet Aviation to establish the new
carrier.

Fernandes said the two governments had supported the operation of VietJet
AirAsia. He said the carrier would help increase tourism to both countries and
enhance the nations’ relationship and promote the integration process in ASEAN.


The agreement would strengthen co-operation between Vietnam and Malaysia
towards common targets of the region’s economic development, he said.

VietJet Air general director Nguyen Duc Tam said advantage would be taken of
AirAsia’s technology and experience to ensure quality and safety.
Fernandes also said there would be no competition between Vietnam Airlines and
VietJet AirAsia as their market segments were different.

The carrier would operate both domestic and international flights, he said.
VietJet Air main shareholders were Sovico Group, T$C Group and the Housing
Development Joint Stock Commercial Bank.

The first privately owned Vietnamese airline, it was launched in 2007 with an
initial investment capital of VND 600 billion (37.5 million USD).
AirAsia in the biggest budget carrier in Asia with a wide network of flight
routes in ASEAN. With its associated budget carrier, Asia X, AirAsia flies to
destinations in mainland China , Taiwan , Australia and the UK . To date,
the two carriers have carried over 85 million of passengers with 90
aircraft-Enditem





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