Japan Airlines (JAL) and Vietjet reached a formal partnership agreement with the aim of improving customer convenience and the quality of operations and services while enhancing the corporate value of both companies. The two airlines have held a series of discussions on expanding their networks in response to the travel needs of people in neighboring Asian countries next to Vietnam, in addition to meeting growing demand for air travel between Japan and destinations in Vietnam. In … [Read more...] about JAL and Vietjet launch comprehensive partnership
Vietjet
Low-cost carriers fly high
The number of low-cost carriers expanding cargo operations in the industry has risen over the years. Air cargo is a significant piece of pie for these carriers, who find a new source of revenue by taking advantage of available capacity on their carriers. With a generally lower fuel surcharge, these carriers offer to carry cargo at lower rates, milking as much profits off flights- an attractive option for cost-conscious shippers. Despite being newcomers in an age old industry, these low-cost … [Read more...] about Low-cost carriers fly high
ICAO president impressed with Vietjet operation activities
On the occasion of the Council of the International Civil Aviation Organization (ICAO) delegation’s trip to Vietnam, ICAO president Dr. Olumuyiwa Benard Aliu and ICAO APAC Deputy Regional Director Manjit Singh Seva Singh paid a working visit to Vietjet office on. Speaking at the meeting with Vietjet’s management board members, Dr. Olumuyiwa Benard Aliu highly appreciated the airline’s efforts and achievements in its operations, services and management activities. He also stressed on … [Read more...] about ICAO president impressed with Vietjet operation activities
VietJet advised by Milbank in $3.58 Billion Aircraft Engine Deal with CFM
In yet another landmark deal for Vietnam's first modern publicly traded aircraft company, VietJet, a team from Milbank, Tweed, Hadley & McCloy LLP advised the company in a US$3.58 billion transaction to purchase 215 aircraft engines from joint French-American maker CFM. This deal was signed in the presence of Vietnam's Prime Minister Nguyen Xuan Phuc and U.S. Secretary of Commerce Wilbur L. Ross, Jr. Milbank also advised VietJet on its agreement with Honeywell Aviation on an … [Read more...] about VietJet advised by Milbank in $3.58 Billion Aircraft Engine Deal with CFM
Vietjet receives IATA membership
Vietjet 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). IATA, the most professional, consistent and comprehensive voice of the international aviation industry, actively seeks to support and increase the benefits for all airline … [Read more...] about Vietjet receives IATA membership
VietJet appoints Hactl for freight handling operations
Fast expanding Vietnamese new-generation carrier VietJet has appointed Hong Kong Air Cargo Terminals Ltd (Hactl), Hong Kong’s largest independent cargo handler to provide cargo terminal operations for its newly-launched flights between Ho Chi Minh City and Hong Kong. The daily services are operated with the A320 aircraft from the airline’s young fleet of 42 A320 and A321 aircraft. In the first nine months of 2016, Vietnam was Hong Kong’s fifth largest export market, and major … [Read more...] about VietJet appoints Hactl for freight handling operations
