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Commenced operations | 25 December 2011 | ||||||
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Hubs | |||||||
Subsidiaries | Thai Vietjet Air | ||||||
Fleet size | 38 | ||||||
Destinations | 53 | ||||||
Company slogan | Vietnamese: Bay là thích ngay! English: Enjoy Flying! |
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Parent company | Sovico Holdings, HDbank. | ||||||
Headquarters | Ba Đình, Hanoi, Vietnam | ||||||
Key people | Nguyen Thi Phuong Thao (CEO) | ||||||
Employees | 2000 | ||||||
Website | www |
VietJet Aviation Joint Stock Company (Vietnamese: Công ty Cổ phần Hàng không VietJet), trading as VietJet Air or Vietjet, is an international low-cost airline from Vietnam. It was the first privately owned new-age airline to be established in Vietnam, being granted its initial approval to operate by the Vietnamese Minister of Finance in November 2007. As of its launch in December 2011, it became the second private airline to offer domestic service in Vietnam, as well as the fifth airline overall to offer civil domestic flights. VietJet Air is owned by Sovico Holdings, HDBank, other organisational investors and individual stakeholders.
The carrier's launch was beset by long delays attributed to various causes, such as a global economic slowdown and regulatory issues. Although budget carrier AirAsia announced in February 2010 that it planned to purchase a 30% stake in the airline through a joint venture agreement, the carrier later rescinded its plans, citing "a failure to obtain Vietnamese regulatory approvals". Despite the setbacks, VietJet Air's first flight was operated on 25 December 2011, flying from Ho Chi Minh City to Hanoi. The carrier carried its 10 millionth passenger in December 2014, and the 25 millionth passenger on December 5, 2015.
The airline has its head office in the Vạn Phúc Diplomatic Corps in Ba Đình, Hanoi It was the first privately owned airline to be established in Vietnam, and as of its launch in December 2011, it became the second private airline (after Air Mekong) to offer domestic service in Vietnam, as well as the fifth airline overall not counting Indochina Airlines, which ceased operations in November 2009 to offer civil domestic flights, after Vietnam Airlines, Jetstar Pacific Airlines, Air Mekong and the Vietnam Air Service Company (VASCO). In its initial plan, the Hanoi-based airline stated its intention to offer flights to Ho Chi Minh City and Da Nang, gradually expanding its network to include other Asian countries, such as Singapore, Thailand, Korea, Taiwan, Myanmar, Malaysia, China and Japan. The airline's president and CEO is Nguyen Thi Phuong Thao from December 2011.