Vietjet Air to open Hai Phong-Busan (RoK) direct air route
The low-cost carrier Vietjet Air is finalizing procedures to launch a direct air route between Vietnam’s northern port city of Hai Phong to Busan in the Republic of Korea (RoK), reported the Vietnam Investment Review.
Hanoi (VNA) –The low-cost carrier Vietjet Air is finalizing procedures to launch a directair route between Vietnam’s northern port city of Hai Phong to Busan in theRepublic of Korea (RoK), reported the Vietnam Investment Review.
Busan port city is oneof the biggest economic centres of the RoK with many tourist destinations.
A market survey ofVietjet Air showed that the Hai Phong-Busan route potential is high, thus theopening of an air route between the two localities is necessary to meet thedemand in goods transport, trade and travel of people between the two sides.
The air route is alsoexpected to help facilitate socio-economic development of Hai Phong and thewhole northeastern coastal region in general.
As one of the important commercial and industrial hub in northernVietnam, Hai Phong is striving to make tourism a spearhead economic sector andturn itself into one of the nation’s key tourism destinations.
According to the municipalPeople’s Committee’s action programme on tourism development from 2017–2020with a vision through 2030, the city hopes to receive 8 million tourists andearn 3.5 trillion VND (154 million USD) with expected annual average growth ratesof between 8.2 percent and 8.9 percent.
With a fleet of 56aircraft, including A320s and A321s, Vietjet Air operates 385 flights each day.The airline has already transported more than 55 million passengers on anetwork featuring 82 routes in Vietnam and across the region to internationaldestinations such as Thailand, Singapore, the Republic of Korea, Taiwan, HongKong, China, Malaysia, Indonesia, Myanmar and Cambodia.
The airline plans tooperate more than 120,000 flights and serve over 24.1 million passengers by theend of 2018. Additionally, it will provide services on a total of 100 airroutes, including 39 domestic and 61 international airways.-VNA
Vietnamese carriers including Vietnam Airlines, Vietjet Air, Jetstar Pacific and Vasco ran 74,165 flights in the first quarter this year, 64,161 of which were on schedule.
Vietjet Aviation Joint Stock Company (HOSE code: VJC) recorded a strong yearly increase of 103 percent taking its 2017 after-tax profit to more than 5 trillion VND (223 million USD).
Low-cost airline Vietjet Air aims to earn nearly 51 trillion VND (2.24 billion USD) in revenue and over 5.8 trillion VND (254.4 million USD) in profit, up 20.5 percent and 10 percent, respectively in 2018.
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