My Account Menu

CAPA Login

Register to trial CAPA Membership!

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. [361 words]

Please login to continue reading or find out more about CAPA Membership below.
This content is exclusively for CAPA Membership Subscribers

CAPA Membership gives you the latest aviation news and alerts, access to CAPA articles, reports, and our leading aviation data with optional premium add-ons.