Kazakhstan and Vietnam: Joint Airline Vietjet Qazaqstan with Boeing Fleet Agreed Upon
Photo: Qazaq Air
Kazakhstan and Vietnam have reached an agreement to launch a new airline operating a fleet of Boeing 737 aircraft, Orda.kz reports.
In Astana, a roundtable was held with business representatives from both countries, where the new airline brand, Vietjet Qazaqstan, was officially introduced.
The joint venture is being formed on the foundation of Kazakhstan’s Qazaq Air, with the involvement of Vietnam’s Vietjet Air and the Sovico Group, led by billionaire Nguyen Thi Phuong Thao.
Qazaq Air and Vietjet Air signed a strategic partnership agreement outlining plans for a fleet of at least 20 Boeing 737s. Vietjet and Sovico will play an active role in managing the airline.
Qazaq Air also signed an agreement with Boeing to provide full fleet support, including technical assistance, pilot training, and spare parts supply.
Nurlan Zhakupov, head of the Samruq-Qazyna Fund, stated that the new carrier would enhance regional transport connectivity and open new avenues for economic development.
Vietjet Qazaqstan will operate domestic and international routes, with flights planned to Russia and Vietnam, including popular destinations like Phu Quoc and Da Nang.
The establishment of Vietjet Qazaqstan marks another step in Vietjet’s international expansion across Central Asia. While the size of Vietjet’s stake in the venture has not been disclosed, Sovico’s involvement has been confirmed.
In late 2024, it was announced that Qazaq Air would be sold to a Vietnamese consortium, including Central Asia Aviation Holdings Limited. The Samruq-Qazyna Fund finalized the deal after three privatization attempts in 2023.
Original Author: Ruslan Loginov
Latest news
- Taliban Foreign Ministry Addresses Tajikistan Border Incident
- Kazakhstan Condemns CPC Terminal Strike, Warns Incident Damages Ties With Ukraine
- Kazakhstan Begins Emergency Rerouting of Oil Exports After CPC Drone Attack
- Caspian Pipeline Consortium Reports Drone Attack on Marine Terminal
- Kazatomprom Acknowledges Sanctions-Related Risks as Earnings See Notable Drop
- Baikonur: Damage Reported at Launch Pad 31 After Soyuz MS-28 Liftoff
- Zelenskyy Announces Resignation of Andriy Yermak as Head of the Presidential Office
- Toqayev Signals Possible Review of District Akim Elections
- National Bank Holds Base Rate at 18% as Tenge Firms on Market Expectations
- Suleimenov Acknowledges Questions over Baiterek’s Regulatory Status
- Kazakhstan: Ruble Strengthens Amid Cash Surplus But Non-Cash Shortage — Economist Warns of Liquidity Split
- Ukraine: Anti-Corruption Agencies Search Presidential Chief of Staff Andriy Yermak's Premises amid “Midas” Probe
- Behind the Fences: How Kazakh Oligarchs Fight to Protect Their Foreign Estates
- Audit Finds 122 Billion Tenge in Inefficient Spending at Samruq-Qazyna — System Failures Identified
- Rocket Part Found Near Zhezkazgan: Video Goes Viral, Ministry Responds
- Yerlan Karin Explains Purpose of New Domestic Policy Principles
- Kazakhstan to Launch National Registry of Criminal Crypto Wallets
- Kazakhstan Blocks Over 50 Online Ads Recruiting Citizens for Russian Army
- Lukashenko Confirms Bakiyev Will Not Be Extradited
- North Korea Makes Russian a Mandatory School Subject from Fourth Grade
