VietJet Air

VietJet Air
VietJet Air Airbus A330-300
IATA ICAO Call sign
VJ VJC VIETJET
Founded30 November 2007 (2007-11-30)
Commenced operations25 December 2011 (2011-12-25)
Operating bases
Frequent-flyer programSkyjoy
Subsidiaries
Fleet size98
Destinations56
Parent companySovico Holdings, HDBank
Traded asHOSEVJC
HeadquartersTan Binh district, Ho Chi Minh City, Vietnam
Key peopleNguyễn Thị Phương Thảo (CEO)
Revenue40.414 trillion VNĐ ($1.722 billion USD)
Total assets68 trillion VNĐ ($2.557 billion USD)
Employees2,000
Websitewww.vietjetair.com

Vietjet Aviation JSC (Vietnamese: CTCP Hàng không Vietjet), operating as VietJet Air or Vietjet, is a Vietnamese low-cost airline based in Hanoi. It was the first privately owned airline to be established in Vietnam, being granted its initial approval to operate by the Vietnamese Ministry of Finance in November 2007. As of its launch in December 2011, it became the second private airline to offer domestic service in Vietnam, as well as the fifth airline overall to offer civil domestic flights. VietJet Air is owned by Sovico Holdings, HDBank, other organisational investors, and individual stakeholders.

Originally planned to be AirAsia's franchise in Vietnam, the carrier's launch was beset by long delays attributed to various causes, such as the Great Recession and regulatory issues as well as other disputes that resulted in the withdrawal of AirAsia, making VietJet an independent business. Despite the setbacks, VietJet Air's first flight was operated on 25 December 2011, flying from Ho Chi Minh City to Hanoi. The carrier carried its 10 millionth passenger in December 2014, and the 25 millionth passenger in December 2015.