Starting May 30, Vietnam's budget carrier Vietjet Air will operate the new route with four weekly flights. This addition brings the total number of weekly flights between Vietnam and Singapore to 78, catering to an estimated half a million passengers a year.
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Party General Secretary To Lam (10th from left) and delegates attend the announcement ceremony of Singapore - Phu Quoc direct air route. |
It is the fourth direct air service between the two countries, joining existing routes to Ho Chi Minh City, Hanoi, and Da Nang. It is expected to not only boost tourism but also strengthen economic, trade, and cultural cooperation between the two nations.
Chairwoman of the Vietjet Air Board of Directors Nguyen Thi Phuong Thao stressed that Vietjet is more than just an airline, it drives economic growth, trade, investment, education and cultural exchanges. With a fleet of over 115 aircraft and more than 230 million passengers served, Vietjet Air is committed to its partnership with UNESCO to boost economic development while preserving cultural values.
Vietjet Air and its Singaporean partners, handling billions of USD in annual transactions, are deepening collaboration in finance, trade, and innovation to build a sustainable and prosperous future, she said.
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Party General Secretary To Lam and delegates witness the exchange of cooperation agreement between Vietjet Air and Carlyle Aviation Partners. |
On this occasion, Vietjet Air and Carlyle Aviation Partners signed a 300 million USD financing agreement to support the purchase of aircraft scheduled for delivery between 2025 and 2026. This deal is a pivotal step in Vietjet Air's plan to acquire more than 400 new aircraft, as part of its fleet expansion strategy.
Furthermore, Vietjet Air and Satair, an Airbus Group subsidiary, inked a cooperation deal on the use of Integrated Material Services (IMS), a comprehensive material supply solution for Vietjet's entire fleet of Airbus A320 and A330 aircraft.
Source: VNA