AirAsia Vietnam

Low Cost Carrier
Failed to Launch
IATA: n/a
ICAO: n/a
Main hub:
Country/Territory: Vietnam


AirAsia Vietnam was a proposed Vietnamese JV between AirAsia Group and potential investors. AirAsia had been interested in the Vietnamese market for several years and initially had a stake in VietJet. According to the group, Vietnam provided an opportunity for AirAsia to potentially operate domestic and international underserved routes, primarily providing connectivity domestically into key cities in Vietnam as well as internationally.

On 31-Mar-2017, AirAsia Group announced that, through its wholly-owned subsidiary AirAsia Investment Limited, it executed a shareholder agreement and a share subscription agreement with Gumin Company Limited, Mr. Tran Trong Kien and Hai Au Aviation to establish a new low-cost JV in Vietnam. The group has not allocated any aircraft from its order book to the proposed Vietnamese airline. AirAsia Group confirmed it terminated the JV agreement in Apr-2019.

CAPA Profiles

CAPA Profiles help you identify new business opportunities and make better business decisions, by providing accurate and up-to-date data on airports, airlines, suppliers, investors, MROs, lessors and countries/territories around the world. Each profile offers comprehensive news and analysis, as well as the ability to drill down into data on schedules, capacity share, fleet, traffic, financial results and more.

Become a CAPA Member

Our full profiles are only available to CAPA Members. CAPA Membership provides exclusive access to the information you need to monitor the competitive landscape and guide your organisation towards success.

It’s ideal for industry analysts, managers and executives who need a snapshot of the latest news, analysis and data from our global team, with the ability to export or email PDF reports in one click.

  • 5000+ airports
  • 3000+ airlines
  • 1600+ suppliers
  • 800+ airport investors
  • 250+ countries/territories and regions
  • And more

CAPA Membership also gives you access to a customised selection of more than 400 global News Briefs every weekday, as well as a comprehensive Data Centre, Analysis Reports and Research Publications. You can also choose from our range of premium add-ons, including MRO Matrix, Route Maps, Fleet Data and more.