Vietjet introduced the launch of a brand new direct route connecting Singapore and Phu Quoc in the course of the official go to of Vietnamese Basic Secretary To Lam to Singapore.
The introduction of the route is seen as a manner of boosting connectivity between Singapore and Vietnam while fostering sustainable improvement between nations.
Set to take flight from thirtieth Could, the brand new route will function 4 round-trip flights per week, bringing Vietjet’s whole variety of weekly flights between Singapore and Vietnam to 78.
This addition marks Vietjet’s fourth path to Singapore, complementing its present providers from Ho Chi Minh Metropolis, Hanoi, and Da Nang.
With this rising community, the airline expects to serve over 500,000 passengers yearly between the 2 nations.
Financing for fleet enlargement
Alongside the launch of a brand new route, Vietjet additionally signed a US$300 million plane financing settlement with Carlyle Aviation Companions.
This new settlement helps the supply of recent plane between 2025 and 2026.
As such, the deal is a key step in Vietjet’s technique to develop its trendy fleet, which incorporates over 400 plane on order.
Carlyle Aviation Companions president Alexander Rasnavad remarked on the settlement, saying: “We’re proud to be a long-term strategic accomplice of Vietjet, supporting its worldwide development and dedication to offering inexpensive, handy journey choices.”
Carlyle Aviation Companions, the aviation arm of The Carlyle Group, manages 363 plane throughout 53 nations.
The Carlyle Group, a world funding agency with US$447 billion in belongings, performs an important function within the worldwide aviation provide chain.