VN Airlines now key stakeholder of Jetstar Pacific
The national flag carrier, Vietnam Airlines, on Feb. 21 announced that
it has taken the majority share of Jetstar Pacific Airlines (JPA) from
the Vietnamese State Capital Investment Cooperation (SCIC) and becomes
JPA’s biggest shareholder.
The national flag carrier, Vietnam Airlines, on Feb. 21 announced that
it has taken the majority share of Jetstar Pacific Airlines (JPA) from
the Vietnamese State Capital Investment Cooperation (SCIC) and becomes
JPA’s biggest shareholder.
Under the arrangement, Vietnam Airlines will hold 69.93 percent of the low-cost carrier, while the Australian Qantas Group, owns 27 percent.
Vietnam Airlines plans to sell 3 percent of its share to Qantas Airways in compliance with a previous agreement between Qantas Airways and SCIC.
Formerly known as Jetstar Airlines , JPA operates almost 150 services a week to seven destinations within the country.-VNA
Under the arrangement, Vietnam Airlines will hold 69.93 percent of the low-cost carrier, while the Australian Qantas Group, owns 27 percent.
Vietnam Airlines plans to sell 3 percent of its share to Qantas Airways in compliance with a previous agreement between Qantas Airways and SCIC.
Formerly known as Jetstar Airlines , JPA operates almost 150 services a week to seven destinations within the country.-VNA
You should also see
Garment & textile sector tries to keep growth momentum
The Vietnamese garment and textile sector is carrying out various measures to bolster production and business activities amidst formidable challenges posed by falling demand, high inventory, and geopolitical instability in several countries, according to insiders.
See more
Business
Banks record positive business indicators in Q1 2024
Many banks have reported positive business indicators, especially credit growth, in the first quarter of this year.
Business
InfographicFour commodities post Q1 export value of over 5 billion USD
The total export turnover of agricultural, forestry, and fisheries products in the first three months of 2024 is estimated to reach 13.53 billion USD, an increase of 21.8% compared to the same period of 2023.
Business
Binh Duong sees vibrant investment cooperation at Horasis China Meeting
The Horasis China Meeting 2024, held in Binh Duong on April 15, witnessed a flurry of investment activities as the southern province granted in-principle approvals and investment certificates to multiple infrastructure, manufacturing, and real estate projects worth hundreds of millions of USD.
Business
PM demands stable power supply during peak period
Prime Minister Pham Minh Chinh has recently signed an official dispatch requesting drastic, synchronous and effective measures to ensure stable power supply during this year's peak period and beyond.
Business
Bach Hoa Xanh sells 5% stake to Chinese partner
Bach Hoa Xanh, a subsidiary of Mobile World Investment Corporation (MWG), recently announced that it has successfully completed a private placement deal to sell a 5% stake to CDH Investment.
