Loading

Jetstar Pacific: slower fleet growth but outlook brightens as market conditions in Vietnam improve

The Vietnamese low cost airline Jetstar Pacific has slowed its expansion, selling three A320ceo deliveries that were initially slated for 2H2017 and leasing out four aircraft. Jetstar Pacific will end 2017 with only 17 A320s in its network, or seven fewer aircraft than in its initial plan.

Jetstar Pacific has continued to grow in 2017, and is planning more growth for 2018. However, the rate of growth has slowed significantly from the 40% achieved in 2015 and 2016.

As a result, Jetstar Pacific will fail to meet the target of operating 30 aircraft by early 2019, set by shareholders Vietnam Airlines and Qantas two years ago. A period of strategic domestic expansion has ended as Jetstar Pacific shifts focus to international expansion and improving profitability.

This CAPA Premium Analysis article is 2,639 words.

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.

Global intelligence

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
To learn more, contact us:
Phone: +61 2 9241 3200 | Email: membership@centreforaviation.com