Vietnamese low-cost airline Vietjet has announced plans to establish its own MRO facilities in Laos.
The announcement comes after Vietjet and the Ministry of Public Works and Transport of Laos signed an agreement to boost air transport connectivity between Vietnam and Laos.
As part of the agreement, Vietjet will collaborate with the Department of Civil Aviation of Laos to implement aviation-related projects and further expand air transport activities in Laos, which is expected to create up to 2,500 new jobs in the aviation sector.
Furthermore, for the airline’s plans to establish its own MRO facilities in Laos, it claims Vietjet Aviation Academy will oversee the training of the new workforce following international aviation standards.
In return, as Vietjet’s partner, the Department of Civil Aviation of Laos will provide administrative, legal, and facility support, and coordination with other agencies to facilitate the projects’ execution.
In 2023, Vietjet launched a regional state-of-the-art aircraft maintenance centre in cooperation with Lao Airlines. Also, earlier in 2024, the airline inaugurated its first route between Vietnam and Laos, linking Ho Chi Minh City with Vientiane.
The air service has offered more convenient and diversified travel choices to flyers between the two countries and for further connection to Australia, India, South Korea, Japan, China, Indonesia, Thailand, Singapore, Malaysia, Kazakhstan, and beyond.
Vietnam is currently one of Laos’ largest investors and trading partners, with 255 active investment projects in Laos totaling $5.5 billion.
The projects focus on the industries of transport, tourism, and science and technology, which promotes trade exchanges, sustainable development and shared prosperity of Laos, Vietnam and the region.
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