Vietnam’s Jetstar Pacific is planning more rapid expansion in 2017 as it takes delivery of 10 A320ceos that were ordered in 2016. The Vietnam Airlines-Qantas joint venture intends to use the 10 aircraft for a mix of growth and replacements for wet leased aircraft.
The LCC has grown rapidly since its two shareholders decided to accelerate expansion in 2014, a strategically critical move for the Vietnam Airlines Group given the rapid growth of the Vietnamese privately owned LCC VietJet. Jetstar Pacific achieved passenger growth of approximately 40% in 2015 and 2016 – and expects similar growth in 2017.
Jetstar Pacific is mainly a domestic airline but has started to focus more on the more profitable international market. Further international expansion is expected in 2017, with several new scheduled and charter flights using the additional A320s. Meanwhile new Australia-Ho Chi Minh flights from sister LCC Jetstar Airways will provide an opportunity to further grow interline and codeshare traffic.
To access CAPA Premium Analysis you need a CAPA Membership
Your window into the latest insights
CAPA employs an industry-leading Analyst team based in Europe, North America, Asia and Australia who offer unique perspectives and independent and accurate commentary of critical industry developments globally. CAPA Members rely on our Analysis to unlock valuable insights and actionable intelligence to keep ahead of the game.
Big picture strategic view
Our Analysts don’t just report the news - they take a big picture strategic view of aviation dynamics, issues and trends and analyse the implications of these developments for you.
The CAPA Analyst team is based globally to ensure our CAPA Members have access to independent, unique perspectives covering an entire spectrum of daily, worldwide commercial aviation developments.
Customise your Alerts
CAPA Members can use CAPA Alerts to receive daily, weekly or monthly and customised updates on our Analysis.
I'm very impressed by the factual and detailed analysis CAPA is always doing.- CEO, Airline Member
Phone: +61 2 9241 3200 | Email: firstname.lastname@example.org