AirAsia launches new LCC in Vietnam

AirAsia is expanding its reach in Vietnam with the launch of a new low cost carrier (LCC), VietJet AirAsia.

AirAsia recently acquired a 30 per cent equity stake in VietJet Aviation Joint Stock Company (VietJet Air) to establish the joint venture, which will see Vietnam opening another gateway to the ASEAN region.

The new LCC will operate both domestic and international flights and is currently finalising details regarding routes, frequencies and launch of flights.

The formation of VietJet AirAsia makes Vietnam AirAsia?s fourth country base, after Malaysia, Thailand and Indonesia.

Sourced = The TTG TravelHub