VietJetAir, Kannithi Aviation partner to form Thai VietJetAir

VietJetAir and its Thai partner, Kannithi Aviation, have signed a cooperation agreement establishing Thai VietJetAir

Somphong Sooksanguan, president of Kannithi Aviation, told the Bangkok Times. In line with Thai foreign investment laws, Thai VietJet Air is 51% owned by Kan Air parent, Kannithi Aviation, with the Vietnamese holding the remaining 49%. Headed by Florian Preuss, the start-up has begun the process of acquiring an Air Operators Certificate from Thailand's Civil Aviation Department and has also been able to secure traffic slots out of its proposed Bangkok Suvarnabhumi hub. According to Mr Somphong, previous plans to operate out of Bangkok Don Mueang were abandoned due to the already heavy presence of LCCs there.

As with parent VietJet Air, Thai VietJet Air will launch with two A320-200s serving both domestic and regional destinations.