Vietnam aviation: SE Asia's fastest growing market in 2015 as VietJet Air & Jetstar Pacific expand

Premium Analysis

Vietnam’s two low cost carriers, Jetstar Pacific and VietJet Air, were among the fastest growing Southeast Asian airlines in 2015. Both LCCs have responded to burgeoning demand in Vietnam, which has become the fastest growing domestic market in Asia.

VietJet seat capacity is up 74% year over year, making it the second fastest growing Southeast Asian airline in 2015 after Thai Lion Air. VietJet is now the 11th largest Southeast Asian airline based on seat capacity, having risen five places in 2015.

Jetstar Pacific seat capacity is up 52% year over year, making it the third fastest growing airline in Southeast Asia. Jetstar Pacific added 20 routes in 2015, growing its network to 34 routes, while VietJet added 10 for a total of 35 routes.

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