VietJet Air 2017 outlook: IPO to fund accelerated international expansion as competition intensifies
VietJet Air is poised for another year of milestones and rapid growth in 2017. The Vietnam based airline group’s fleet will reach 50 aircraft and should surpass 20 million annual passengers in 2017 – remarkable achievements for a company that is only six years old.
VietJet also plans to complete an initial public offering in Feb-2017 with a listing on the Ho Chi Minh Stock Exchange. The IPO raises capital to help finance a massive order book of nearly 200 additional aircraft.
However, the airline faces challenges in 2017 as the group accelerates expansion in a highly competitive international marketplace. VietJet, which turned five years old on 25-Dec-2016, has focused mainly on domestic services in Vietnam but is banking on its JV in Thailand and a much larger international operation to drive its next phase of growth.
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