Bangkok Airways and Vietnam Airlines are planning a new codeshare partnership which will significantly bolster their position in the fast growing, but intensely competitive, Thailand-Vietnam market. The two airlines are ideal partners as Bangkok Airways is expanding in Vietnam by focusing on niche secondary routes, while Vietnam Airlines only serves the core Hanoi and Ho Chi Minh to Bangkok routes.
Capacity in the Thailand-Vietnam market has increased by approximately 30% over the past year, and has nearly doubled over the past five years, driven by rapid LCC expansion. Five LCC groups now serve the Thailand-Vietnam market, compared to just one five years ago. Thailand-Vietnam has become the first and only country pair within Southeast Asia with five LCC competitors.
VietJet has particularly emerged as a strong competitor, using its Thai affiliate to launch new Thailand-Vietnam routes and offer domestic connections beyond Bangkok. Rival Vietnam Airlines will be able to offer its passengers similar connections under the new Bangkok Airways partnerships, as well as a nonstop product on Bangkok Airways’ growing network of niche Thailand-Vietnam routes.
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: email@example.com