AirAsia Group signs MOU for new LCC in Vietnam
AirAsia Group has moved forward with plans to establish an LCC in Vietnam by signing an MOU with a Vietnamese businessman, reaffirming an earlier joint venture agreement. The carrier and Tran Trong Kien inked the MOU Thursday. Tran is CE of Hai Au Aviation Joint Stock Co, Gumin Co and Thien Minh Travel Joint Stock Co. Under the agreement, Gumin and HAA will hold 70% of the JV, with AirAsia owning the remaining 30%. The new airline will accelerate the connectivity of Vietnam to the rest of South East Asia, Fernandes said. AirAsia has carried 12m passengers to and from Vietnam since entering the market in 2005. Tran said Vietnam’s international arrivals have doubled over the last 3 years and the country needs more connectivity for the tourism sector to reach its full potential. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2018-12-07/unaligned/airasia-group-signs-mou-for-new-lcc-in-vietnam
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AirAsia Group signs MOU for new LCC in Vietnam
AirAsia Group has moved forward with plans to establish an LCC in Vietnam by signing an MOU with a Vietnamese businessman, reaffirming an earlier joint venture agreement. The carrier and Tran Trong Kien inked the MOU Thursday. Tran is CE of Hai Au Aviation Joint Stock Co, Gumin Co and Thien Minh Travel Joint Stock Co. Under the agreement, Gumin and HAA will hold 70% of the JV, with AirAsia owning the remaining 30%. The new airline will accelerate the connectivity of Vietnam to the rest of South East Asia, Fernandes said. AirAsia has carried 12m passengers to and from Vietnam since entering the market in 2005. Tran said Vietnam’s international arrivals have doubled over the last 3 years and the country needs more connectivity for the tourism sector to reach its full potential. <br/>
