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
- Europe Hits Kazakhstan Again With Sanctions as Trading Company Comes Under Fire
- International Development Banks to Invest Billions of Dollars in Kazakhstan
- Heavy Smoke in Almaty Metro Caught on Video
- Tokayev Discusses Expansion of Partnership With Oman’s Deputy Prime Minister
- Video Shows Construction Waste Dumped Near Reservoir in Kazakhstan
- Suspect in Theft of $230,000 From Employer Extradited From Greece to Kazakhstan
- Steppe Near Aktau Cleared After Landfill Complaints, but People Doubt the Problem Is Solved
- Why Markets Are Closing in Kazakhstan, According to the Ministry
- Kazakh Scientists Seek 10 Billion Tenge for Rare Metal Processing Research
- Georgia Becomes New Market for Kazakhstan’s Pork Exports
- Young Kazakhstanis Are Moving Into Trade and Working Overtime
- Russia Promises New Route for Kazakh Oil to Europe After Druzhba Halt
- National Fund Assets Reach $64.6 Billion as Kazakhstan Cuts Withdrawals
- Deputy Complains About Growing Rudeness and Aggression in Kazakh Society
- Deep Purple Plays Kazakhstan’s National Anthem at Almaty Concert
- Court Fines Activist in Case She Calls Politically Motivated
- Central Asian Leaders Back International Day for the Aral Sea and Its Main Rivers
- Kazakhstan Tightens Rules on Bank Loans to Related Parties
- Kyrgyz MP Reports Attacks on Kyrgyz Cars in Kazakhstan
- AI to Be Used to Monitor Methane Leaks in Kazakhstan
