Loading

Vietnam Airlines to launch LCC?

Vietnam appears to be laying the groundwork for the development

of an LCC unit of Vietnam Airlines, possibly involving a third party investor.

Vietnam Airlines has received Prime Ministerial approval to establish a partly

private company by reorganising subsidiary, Vietnam Air Service Co (VASCO).

Further details are not yet available, but a response is likely to counter LCC

competition from the Qantas-invested Pacific Airlines (to be brought under the

Jetstar brand in future) and the planned LCC JV between AirAsia and local shipbuilder,

Vinashin.

Become a CAPA Member to access Analysis Reports

This CAPA Premium Analysis Report is 360 words.
Become a CAPA Member

Our Analysis Reports are only available to CAPA Members. CAPA Membership provides exclusive access to in-depth insights on the latest developments in the aviation and travel industry, developed by our team of dedicated analysts located in Europe, North America, Asia and Australia.

Each report offers a fresh perspective on the latest industry trends and is available online or via the CAPA mobile app, with customisable alerts to help you stay informed and identify new business opportunities.

CAPA Membership also provides access to our full suite of tools, including a tailored selection of more than 400 News Briefs every weekday and comprehensive data and analysis on thousands of companies around the world.