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Vietjet and Kazakhstan's Qazaq Air to launch new airline
Vietjet and Kazakhstan's Qazaq Air to launch new airline

Nikkei Asia

time06-05-2025

  • Business
  • Nikkei Asia

Vietjet and Kazakhstan's Qazaq Air to launch new airline

HANOI -- Vietnamese budget airline Vietjet Air has signed a strategic partnership with Kazakhstan's Qazaq Air to launch a new airline called Vietjet Qazaqstan, the Southeast Asian firm said in a statement on Tuesday. Vietjet subsidiary Aviation Holdings will acquire a strategic equity stake in Qazaq Air. The two companies will jointly develop and operate the new airline, building on the existing Qazaq Air platform, the statement said, without revealing the value of the deal or the size of each partner's stake.

Vietjet forms joint venture with Qazaq Air, will operate Boeing 737 jets
Vietjet forms joint venture with Qazaq Air, will operate Boeing 737 jets

The Star

time06-05-2025

  • Business
  • The Star

Vietjet forms joint venture with Qazaq Air, will operate Boeing 737 jets

Vietjet CEO, Dinh Viet Phuong (right), and Qazaq Air CEO, Adilbek Umraliyev, exchange the cooperation agreement, witnessed by Vietnam's General Secretary To Lam, Kazakhstan's Deputy Prime Minister Yermek Kosherbayev, and Vietnam's Deputy Prime Minister and Foreign Minister Bui Thanh Son. — Vietjet HANOI: Vietnamese budget airline Vietjet said on Tuesday (May 6) it had bought a strategic stake in Kazakhstan's Qazaq Air to form a joint venture that will operate a fleet of at least 20 Boeing 737 aircraft. Vietjet said the joint venture, Vietjet Qazaqstan, was part of its international expansion plans. It didn't provide details about the size of the stake it was buying in Qazaq Air. "Vietjet Qazaqstan is a new generation low-cost airline, expected to become a strategic aviation bridge between Kazakhstan and Vietnam, South-East Asia and international aviation centres," it said in the statement. The joint venture has signed a deal with Boeing for services including software solutions, spare parts, technical assistance, and training programs for pilots and engineers. - Reuters

Vietjet forms joint venture with Qazaq Air, will operate Boeing 737 jets
Vietjet forms joint venture with Qazaq Air, will operate Boeing 737 jets

Reuters

time06-05-2025

  • Business
  • Reuters

Vietjet forms joint venture with Qazaq Air, will operate Boeing 737 jets

HANOI, May 6 (Reuters) - Vietnamese budget airline Vietjet said on Tuesday it had bought a strategic stake in Kazakhstan's Qazaq Air to form a joint venture that will operate a fleet of at least 20 Boeing 737 aircraft. Vietjet said the joint venture, Vietjet Qazaqstan, was part of its international expansion plans. It didn't provide details about the size of the stake it was buying in Qazaq Air. "Vietjet Qazaqstan is a new generation low-cost airline, expected to become a strategic aviation bridge between Kazakhstan and Vietnam, Southeast Asia and international aviation centres," it said in the statement. The joint venture has signed a deal with Boeing for services including software solutions, spare parts, technical assistance, and training programs for pilots and engineers.

Vietjet forms joint venture with Qazaq Air, will operate Boeing 737 jets
Vietjet forms joint venture with Qazaq Air, will operate Boeing 737 jets

CNA

time06-05-2025

  • Business
  • CNA

Vietjet forms joint venture with Qazaq Air, will operate Boeing 737 jets

HANOI :Vietnamese budget airline Vietjet said on Tuesday it had bought a strategic stake in Kazakhstan's Qazaq Air to form a joint venture that will operate a fleet of at least 20 Boeing 737 aircraft. Vietjet said the joint venture, Vietjet Qazaqstan, was part of its international expansion plans. It didn't provide details about the size of the stake it was buying in Qazaq Air. "Vietjet Qazaqstan is a new generation low-cost airline, expected to become a strategic aviation bridge between Kazakhstan and Vietnam, Southeast Asia and international aviation centres," it said in the statement. The joint venture has signed a deal with Boeing for services including software solutions, spare parts, technical assistance, and training programs for pilots and engineers.

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