Aviation News Online

VietJet

  • VietJet lists on HOSE
    Posted in: Editorial Comment
    Date: March 1, 2017

    Vietjet has officially listed on the Ho Chi Minh City Stock Exchange (HOSE), becoming the first Vietnamese airline to join the exchange. Vietjet has a chartered capital of VND3 trillion (VND90,000 per share), which equates to a capitalisation of VND27 trillion (equivalent to US$1.2 billion) – some 1.5% of HOSE capitalisation as of 15 February […]

  • Vietjet Receives IATA Membership Certificate and Investment Approval to Establish Vietjet Center of Aviation Technology
    Posted in: Airline, Zone: Asia/Pacific
    Date: February 21, 2017

    Vietjet has received full membership from the International Air Transportation Association (IATA), affirming the new-age carrier’s role and position in the aviation community in Vietnam and overseas. Prior to attaining membership, Vietjet had been certified by the IATA Operational Safety Audit (IOSA). Vietjet also received investment approval from the People’s Committee of Ho Chi Minh […]

  • Vietjet revenue tops RM5.38 Billion in 2016
    Posted in: Airline, Zone: Asia/Pacific
    Date: February 20, 2017

    Vietjet continued to post positive growth throughout 2016 with a revenue of RM5.38 billion (USD1.21 billion) and a profit of RM467 million (USD105 million). With its commitment to addressing the increasing demand for air-travel, the airline also achieved a load factor of 88.9% with more than 14 million passengers carried, greatly contributing to the development […]

  • Vietjet launches Danang-Seoul Route
    Posted in: Airline, Zone: Asia/Pacific
    Date: February 14, 2017

    In line with plans to further expand its international network in 2017 to boost regional trade and integration, Vietjet has introduced another international route connecting the central city of Da Nang to Seoul (South Korea) in a bid to meet the increasing travel demands of corporate professionals and leisure travelers between the two tourist cities. […]

  • VietJet IPO set to raise $170 million
    Posted in: Airline, Zone: Asia/Pacific
    Date: December 14, 2016

    VietJet is seeking to raise $170 million in an initial public offering (IPO) when it sells 44.7 million shares, which priced just below the middle of their 75,900 to 98,400 dong ($3.34 to $4.33) marketed range, reports Reuters. BNP Paribas, Deutsche Bank, JP Morgan and VietCapital are the IPO’s joint global coordinators. VietJet shares will […]

  • VietJet IPO delayed
    Posted in: Editorial Comment
    Date: September 16, 2016

    VietJet has delayed plans for an initial public offering (IPO) because of “a huge volume of documentation to process and complete for this project.” VietJet is to list in either Hong Kong or Singapore but it must first launch an IPO in Vietnam as per local law. There is no doubt that any IPO would […]

  • VietJet orders 20 A321s
    Posted in: Technology, Zone: Asia/Pacific
    Date: September 9, 2016

    Vietnam’s Vietjet has placed a firm order with Airbus for 20 A321 single aisle aircraft to meet growth on its domestic and regional network. The purchase agreement, covering 10 A321ceo and 10 A321neo, was signed in Hanoi by Vietjet President and CEO, Nguyen Thi Phuong Thao and Fabrice Brégier, Airbus President & CEO. The signing […]