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26-Mar-2025 10:31 PM

VietJet VP commercial: New long range narrowbodies support 'healthy' cost structure

VietJet Air VP commercial Jay L Lingeswara, speaking at Routes Asia 2025, stated (26-Mar-2025) new long range narrowbody aircraft help to "keep the cost structure at a very healthy level". Mr Lingeswara added that the new aircraft also encourage the exploration of new routes, help to grow markets and stimulate demand.

Background ✨

VietJet Air signed a USD300 million aircraft financing agreement with Carlyle Aviation Partners to support the delivery of new aircraft from 2025 to 2026, with around 400 aircraft on order1. The carrier met its target of receiving 10 new aircraft in 2024, maintaining an average load factor of 87%2. Additionally, VietJet Air's international network recovery was supported by government policy and early border openings3. The airline's expansion strategy includes potential new routes in China, despite regulatory challenges4.

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