Vietjet has announced the launch of a new direct route connecting Singapore and Phu Quoc, set to commence on 30 May 2025. This development was unveiled during Vietnam’s General Secretary To Lam’s visit to Singapore, alongside the signing of a $300 million aircraft financing agreement with Carlyle Aviation Partners. The new route will operate four round-trip flights per week, increasing Vietjet’s total weekly flights between Singapore and Vietnam to 78.
The introduction of the Singapore–Phu Quoc route marks Vietjet’s fourth route to Singapore, complementing existing services from Ho Chi Minh City, Hanoi, and Da Nang. The airline anticipates serving over 500,000 passengers annually between the two countries, enhancing tourism and economic ties.
In addition to expanding its network, Vietjet has secured a US$300m financing agreement with Carlyle Aviation Partners to support the delivery of new aircraft in 2025–2026. Alexander Rasnavad, President of Carlyle Aviation Partners, expressed pride in supporting Vietjet’s international growth, stating, “We are proud to be a long-term strategic partner of Vietjet, supporting its international growth and commitment to providing affordable, convenient travel options.”
Furthermore, Vietjet has entered into a multi-year agreement with Satair, an Airbus Services company, for Integrated Material Services (IMS) to support its Airbus A320 and A330 fleet. This collaboration aims to optimise operational costs and maintain efficiency.
Dr. Nguyen Thi Phuong Thao, Chairwoman of Vietjet, highlighted the airline’s role in fostering economic trade and cultural exchange, emphasising its commitment to sustainable development. As Singapore remains Vietnam’s largest investor, Vietjet’s partnerships with Singaporean firms continue to drive financial and trade collaboration.
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