Vietnam's first private airline to take off end 2008

Hanoi: VietJetAir, the first private airline in communist Vietnam, expects to launch commercial flights by the end of 2008 or early 2009, the company's general director, Nguyen Duc Tam, said Thursday.
'We will first open Hanoi-Ho Chi Minh City and Hanoi-Danang routes,' he said while presenting the aviation license the company received from Prime minister Nguyen Tan Dung.
VietJetAir will be the first 100 percent private company operating in the aviation sector in Vietnam with capital of 600 billion dong, or about 37.5 million US dollars.
VietJetAir will focus on short-haul flights and plans to eventually include all 61 domestic airports on its route, said Robert Hughes, VietJetAir's managing director.
But the carrier would also focus on ASEAN (Association of Southeast Asian Nations) countries, Japan, India and South Korea, Hughes told reporters.
20/12/07 Thomson Financial delivered by Newstex/CNNMoney.com

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Categories: Foreign Dec 2007