CAPA names Vietjet Asia-Pacific Low-Cost Airline of the Year 2019

November 16, 2019 | 11:54
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New-age carrier Vietjet has been awarded the title of Asia Pacific Low-Cost Airline of the Year by the Centre for Asia-Pacific Aviation (CAPA). The awards ceremony took place during the CAPA Asia Aviation Summit on November 14 -15, 2019 in Singapore.
capa names vietjet asia pacific low cost airline of the year 2019
Vietjet president and CEO Nguyen Thi Phuong Thao (left) received the Asia Pacific Low-Cost Airline of the Year 2019 award presented by CAPA chairman Emeritus Peter Harbison

Surpassing all of its peers in the Asia-Pacific region, the CAPA awards aims to annually acknowledge the airlines that has been the biggest standout strategically, established itself as a leader, and has been the biggest innovator, providing a benchmark for others to follow during the year in the regional aviation industry.

Besides ticking all the above boxes, Vietjet has also stood out with its continuous, dynamic expansion. The airline is now Vietnam’s leading domestic carrier and has strongly expanded its international network. This is a highly attractive position given Vietnam’s favourable economic prospects and fast-growing market.

“Vietjet continues to break the mould for a traditional low-cost airline,” said CAPA chairman Emeritus Peter Harbison. “The company has a solid financial foundation and a game plan to formidably challenge some of the largest operators in the Asia-Pacific for decades to come.”

capa names vietjet asia pacific low cost airline of the year 2019
Vietjet president and CEO taking part in a discussion session of the CAPA Asia Aviation Summit in Singapore

Vietjet president and CEO Nguyen Thi Phuong Thao said, “Vietjet’s mission is to make breakthrough changes in the aviation industry. We are thankful for the trust, companionship, and recognition from the CAPA, the most renowned aviation organisation in the Asia-Pacific. We are filled with happiness to have brought flying opportunities with cost-saving fares and friendly service on new and well-furnished aircraft to nearly 100 million passengers while creating positive values to the aviation industry’s community and partners.”

Vietjet has been awarded the highest ranking for safety with seven stars in 2018 and 2019 by the world’s only safety and product rating website AirlineRatings.com and listed as one of the world's 50 best airlines for healthy financing and operations by Airfinance Journal in 2018 and 2019.

Receiving this prestigious award from the CAPA, a leading global aviation organisation, is not only a great honour for Vietjet but also a source of great pride for Vietnam’s growing aviation industry.

capa names vietjet asia pacific low cost airline of the year 2019

CAPA is the leading provider of independent aviation market intelligence, analysis and data services covering worldwide developments. Established in 1990, CAPA’s platforms help the aviation sector and supplier businesses stay informed, remain connected to industry leaders, and fuel inspiration to drive change. Regarded as the preeminent awards for strategic excellence in aviation, CAPA first established the awards in 2003 to recognise successful airlines and airports within the Asia-Pacific region.

As the carrier of people, Vietjet has continually expanded its network to create more flying opportunities while saving costs for everyone. Adhering to its core values of 'Safety, Happiness, Affordability, and Punctuality', the airline proudly strives to ensure passengers always have a safe and enjoyable flight when flying on new aircraft with comfy seats with a choice of nine delicious hot dishes, all served by Vietjet’s friendly cabin crews. The airline also offers various modern utilities and services through e-commerce platforms.

capa names vietjet asia pacific low cost airline of the year 2019

The new-age carrier Vietjet has not only revolutionised the aviation industry in Vietnam but has also been a pioneering airline across the region and around the world. With a focus on cost management ability, effective operations and performance, Vietjet offers flying opportunities with cost-saving and flexible fares as well as diversified services to meet customers’ demands.

Vietjet is a fully-fledged member of the International Air Transport Association (IATA) with the IATA Operational Safety Audit (IOSA) certificate. As Vietnam’s largest private carrier, the airline has also been named as Best Low-Cost Carrier by renowned organisations such as Skytrax, CAPA, Airline Ratings, and many others.

What the stars mean:

★ Poor ★ ★ Promising ★★★ Good ★★★★ Very good ★★★★★ Exceptional