Vietjet and Changi Airports International (CAI) work together to develop aviation services supply in Vietnam

SINGAPORE, Feb. 26, 2022 /PRNewswire/ — In the course of the Vietnamese President’s official go to to Singapore, SOVICO Group, Vietjet and Changi Airports Worldwide (CAI), the worldwide arm of Changi Airport Group, have signed a strategic partnership settlement price $US1.5 billion to develop the availability of aviation companies at airports in Vietnam and within the area.

The signing ceremony was witnessed by Vietnamese President Nguyen Xuan Phuc and high-ranking dignitaries of Vietnam and Singapore, enterprise representatives of the 2 nations and representatives of SOVICO Group, Vietjet and CAI.

The signing marks the primary time {that a} personal company and an airline in Vietnam collaborate with a world airport group to develop aviation companies and amenities. The events will cooperate within the analysis and growth of initiatives at airports in Vietnam, which embrace inexperienced, sustainable and good infrastructure growth initiatives.

Mr. Eugene Gan, CEO of Changi Airports Worldwide, mentioned: “We consider that our experience and geographical expertise in managing airports around the globe will add worth to Vietjet and associated companions in elevating growth and administration requirements to optimize airport-related operations; therefore selling financial growth, boosting connectivity in Vietnam and within the area. Our approaches all the time prioritize sustainability with shut consideration to the worldwide ecosystem and surrounding catchment.”

Dr. Nguyen Thanh Hung, Vietjet Vice Chairman of the Board of Administrators, mentioned: “By the partnership with an trade knowledgeable comparable to Changi Airports Worldwide, we search to contribute to the event and enchancment of aviation companies requirements in Vietnam and within the area. The partnership additional expresses our dedication to financial growth targets, particularly in aviation and sustainable growth. The signing is considerably essential within the context that the 2 nations are progressively opening up in a post-pandemic atmosphere, creating extra motivation for Vietjet to additional broaden its flight community in Vietnam and worldwide markets.”

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With years of airport administration and growth information, CAI is implementing a broad vary of collaborations to play a component in elevating requirements of airports globally.

Accompanying Vietjet, Sovico Group has all the time been a pioneer for aviation growth in Vietnam and within the area by forging worldwide collaborations that develop aviation amenities, bringing advantages to the trade in Vietnam in addition to residents and vacationers domestically and internationally.

Vietjet operates a complete community in Vietnam and Asia Pacific. The airline at the moment has resumed its complete home flight community and operated a sequence of worldwide flights from and to Vietnam whereas seeking to additional broaden operations throughout continents within the close to future.

About Vietjet

The brand new-age service Vietjet has revolutionized the aviation trade. With a concentrate on price administration skill, efficient operations and efficiency, Vietjet affords flying alternatives with cost-saving and versatile fares in addition to diversified companies to satisfy prospects’ calls for.

Vietjet is a fully-fledged member of Worldwide Air Transport Affiliation (IATA) with the IATA Operational Security Audit (IOSA) certificates. As Vietnam’s largest personal service, the airline has been awarded the very best rating for security with 7 stars by the world’s solely security and product score web site airlineratings.com and listed as one of many world’s 50 greatest airways for wholesome financing and operations by Airfinance Journal in 2018 and 2019. The airline has additionally been named as Finest Low-Value Service by famend organizations comparable to Skytrax, CAPA, Airline Rankings, and lots of others.

Additional info at www.vietjetair.com

SOURCE Vietjet