Vinpearl Air

Full Service Carrier
Failed to Launch
IATA: n/a
ICAO: n/a
Country/Territory: Vietnam


Founded on 22-Apr-2019, Vinpearl Air was a proposed airline subsidiary of Vingroup, a Vietnamese real estate company. The new airline had a startup capital of VND1.3 trillion (USD56 million), with Vingroup subsidiary VinAsia Tourism Development owning a 45% stake in the carrier, with the remaining shares held by Hoang Quoc Thuy (30%) and Pham Khac Phuong (25%). Vingroup also planned to establish aviation training centres under a partnership agreement with CAE.

Vingroup notified Vietnam's Ministry of Transport it has withdrawn plans to launch start up carrier Vinpearl Air, citing oversupply in the market and plans to focus on technology development and industrial production.

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 1,000 global News Briefs every week, as well as a comprehensive Data Centre, Analysis Reports and Research Publications. You can also choose from our range of premium add-ons, including Route Maps, Fleet Data and more.