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AirAsia to launch airline in Vietnam with local partner

Southeast Asia's top budget carrier eyes region’s fastest growing air market

AirAsia planes sit on the tarmac at Kuala Lumpur International Airport, Malaysia.   © Reuters

HO CHI MINH CITY - AirAsia , the largest low-cost carrier in Southeast Asia, said on Dec. 6 that it has agreed with its partner in Vietnam to launch a domestic airline next year, to gain a footprint in the fastest growing air travel market in the region. 

The Malaysia-based carrier and Thien Minh Group, a Hanoi-based tourism business, agreed on Dec. 6 to invest in aircraft to form a fleet for the new airline. TMG CEO Tran Trong Kien said that the fleet will mainly consist of Airbus A320s and A321s, both short- to medium-range, narrow-body aircraft. 

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