Thursday 8 April 2010

AirAsia Partners With Vietjet Air To Boost Tourism Sector

KUALA LUMPUR, April 8 (Bernama) -- Low-cost carrier, AirAsia Group on Thursday signed a strategic partnership agreement with VietJet Air, a Vietnam-based low-cost airline. Air Asia had earlier acquired a 30 per cent stake in VietJet Air which is launching a Vietnam based low cost airline, named VietJet Air Asia. The airline will be operating both domestic and international flights, an AirAsia statement said here.

Malaysian Prime Minister Datuk Seri Najib Tun Razak and Vietnamese Deputy Prime Minister, Truong Vinh Trong witnessed the signing of the deal today, which was held on the sidelines of the 16th Asean Summit. AirAsia Chief Executive Officer, Tony Fernandes who signed on behalf of this company, said the presence of leaders from both countries at the signing indicated the support from both governments to further support tourism growth in the Asean region. "VietJet Air Asia will help to boost Malaysia's tourism sector, strengthen the relations between Vietnam and Malaysia and the process of Asean integration," he said. Both companies today also announced that they have entered into an engineering support service agreement.

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