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Monday, May 6, 2024

Thai Vietjet anticipates breaking even within this year

Mr Woranate says pay-to-fly schemes are now commonplace. (Photo supplied)

Thai Vietjet (TVJ) is planning to replace its whole fleet of Airbus aircraft with Boeing 737 MAXs and is aiming to expand the fleet to 50 aircraft by 2028, while aiming to break even this year.

The modernisation of the entire fleet also prompted the airline to consider adopting a pay-to-fly scheme for newly-recruited pilots, which would require pilots to pay a training fee before flying Boeing 737 MAX aircraft, said Woranate Laprabang, chief executive of TVJ.

Mr Woranate said this type of employment programme has become normal practice among…

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