Friday, 31 March 2023

Launch of Vietjet Air in Australia

The official launch of Vietjet Air in Australia, which will take place at Sydney International Airport on Thursday, 13 April 2023 from 8.00am to 9.30am.

The airline is set to debut its new flights in three major cities across Australia, including Sydney, Melbourne, and Brisbane, starting from next month. As we continue to see a resurgence in travel demand, Vietjet's entrance into the Australian market provides a significant opportunity for both the Australian and Vietnamese tourism markets. As many airlines have struggled to survive, Vietjet’s current operations include 450 flights daily across 160 routes connecting Vietnam with exciting destinations across Asia and Europe, and now Australia.

The recent addition of a fifth Airbus A330 aircraft to its modern fleet is set to provide passengers with unparalleled comfort and convenience on flights to five continents, including destinations in Australia, Kazakhstan, Japan, Korea, and Europe. With weekly flight sales and promotions since the announcement of their Australian launch, flights with Vietjet to various destinations across Vietnam and beyond have bought Australia and Vietnam closer than ever before.

Other key news
  • The airline has transported 20.5 million passengers on 116,000 flights, with domestic transport growing by 20% year-over-year (YOY), leading the airline’s recovery path.
  • In Q4/2022, the number of domestic passengers increased sevenfold YOY and was higher than pre-pandemic levels.
  • Q4/2022 also saw Vietjet's parent company report a net revenue of approx. US$315.79 million, leaping by 175% YOY with a profit of approx. US$38.7 million. Their total revenue for 2022 was approx. US$1.39 billion while the profit was approx. US$9.23 million.
  • A fully-fledged member of International Air Transport Association (IATA) with the IATA Operational Safety Audit (IOSA) certificate, Vietjet forecasts their new Brisbane route, launching in June 2023, will attract more than 30,000 passengers during the first year, generating USD25.6 million for Queensland’s visitor economy and supporting 240 Queensland jobs in the first year.
  • Named as Best Low-Cost Carrier by renowned organisations such as Skytrax, CAPA and Airline Ratings, the launch of Vietjet in Australia is good news for both the aviation and travel & tourism industries.

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