VietJet and Jetstar - Crystal Ball anyone?

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davistev

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I just read that VietJet has placed an order for 92 Airbus aircraft for Vietnam. see Vietnam's VietJet agrees bumper $9 bln Airbus order - Yahoo Finance

This can't be good news for Jetstar's Vietnamese operations. Jetstar has operations between seven domestic airports in Vietnam. Passenger preferences aside, I am not convinced free market mechanisms are totally in place that will allow Jetstar to continue as before.
 
davistev said:
I just read that VietJet has placed an order for 92 Airbus aircraft for Vietnam. see Vietnam's VietJet agrees bumper $9 bln Airbus order - Yahoo Finance

This can't be good news for Jetstar's Vietnamese operations. Jetstar has operations between seven domestic airports in Vietnam. Passenger preferences aside, I am not convinced free market mechanisms are totally in place that will allow Jetstar to continue as before.
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"Free Market" in Vietnam is an interesting concept, regardless Jetstar Pacific is majority owned by Vietnam Airlines (read the Vietname Government) already so I doubt they will be affected much apart from remaining a tiny operation.
 
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