Qantas Group stated (23-Aug-2012) Jetstar Pacific (Vietnam) now has a fleet of five Boeing 737s and two A320s. The carrier also confirmed (22-Aug-2012) it will take delivery of another A320 this month, as part of its fleet renewal programme. The additional aircraft will bring Jetstar Pacific’s fleet of A320s to three and allow the retirement of a 737-400 aircraft. The airline’s four remaining 737 aircraft are planned to be phased out by early 2013 as the carrier prepares to grow to an all-A320 fleet of up to 15 aircraft. The carrier, which handled around 2 million passengers in FY2012, has benefited from a successful AUD25 million (USD26 million) recapitilisation (AUD7.5 million/USD7.9 million) for Qantas, which has a 30% ownership position in the carrier after increasing its shareholding in Feb-2012, with Vietnam Airlines replacing State Capital Investment Corporation as the majority shareholder with 68%. [more - original PR - Jetstar Pacific fleet renewal] [more - original PR - Qantas Report]
Jetstar Pacific handles around 2 million pax in FY2012 with seven (soon to be eight) aircraft
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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.
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