Investment plan for Sun PhuQuoc Airways approved

Sun PhuQuoc Airways is scheduled to commence operations in the fourth quarter of 2025, with initial routes linking Phu Quoc to prominent economic and tourism centres in Vietnam and abroad.

Wednesday, May 21, 2025 09:10

The Sun PhuQuoc Airways (SPA) project is expected to bolster Phu Quoc’s tourism. (Photo: VNA)

Hanoi (VNA) – Prime Minister Pham Minh Chinh has given in-principle approval to the Sun PhuQuoc Airways (SPA) project by Sun PhuQuoc Aviation Co., Ltd, a subsidiary of Sun Group.

Under the decision signed by the PM on May 20, the project worth 2.5 trillion VND (approximately 98.81 million USD) plans to build a fleet of 31 aircraft by 2030.

The airline will primarily focus on commercial passenger transport, while also offering charter flights catering to tourists travelling to major domestic and international destinations. The venture is expected to bolster Phu Quoc’s tourism, strengthening connectivity for both domestic and international travellers to the island, often dubbed the “Pearl of Vietnam”.

SPA is scheduled to commence operations in the fourth quarter of 2025, with initial routes linking Phu Quoc to prominent economic and tourism centres in Vietnam and abroad.

The new carrier complements Sun Group’s existing aviation interests, which include the premium private jet operator Sun Air serving high-end clientele./.

VNA

#Sun PhuQuoc Airways #Sun PhuQuoc Aviation Co. #Ltd #Sun Group #Sun Air #Sun Group’s existing aviation interests Vietnam

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