Vietnam's new budget carrier, VietJet Air, plans to launch new routes and deploy more aircraft this year, and hopes to carry 700,000 passengers.
The private airline, which began operations December 25 with a flight from Ho Chi Minh to Hanoi, now operates two flights a day, and plans to increase this soon, Luu Duc Khanh, its MD, has been quoted as saying.
VietJet Air hopes to achieve an average load factor of 80 percent, he said.
It has already leased three Airbus 321 aircraft from Kuwait's Alafco Aviation, and will lease four more this year, and totally 15 by 2015, Pritam Singh, its deputy general director, said.
The carrier is set to- launch services to Singapore or Kuala Lumpur this year.
Vietnamese airlines carried an estimated 23 million passengers last year, 15 percent higher than in 2010.
VietJet Air will make the Vietnamese airline market more competitive and offer passengers more choice, Thoi Bao Kinh Te Sai Gon quoted Vo Huy Cuong of the Civil Aviation Authority of Vietnam as saying.