The plan to create a Thai offshoot of Vietnam's no-frills carrier VietJet Air has been firmed up with a joint venture agreement set to conclude in Bangkok on Wednesday.
One plane of VietJet Air’s fleet in Vietnam. A deal is almost set that will see a Thai subsidiary of the neighbouring country’s low-cost carrier taking to the skies here.
Somphong Sooksanguan, president of the Thai commuter airline Kan Air and owner of the debt-collecting firm Kannithi Co, has confirmed holding a 51% share in Thai VietJet Air, with the Ho Chi Minh City-based VietJet Aviation owning 49%.
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