VietJet aims to double profit, eyes new JVs

Hanoi

VIETNAM'S low-cost carrier VietJet Air aims to double net profit to US$50 million this year and is eyeing new joint ventures with airlines in South Korea, Japan and Taiwan, its managing director said.

The four-year-old airline, which ordered US$9 billion of Airbus Group NV jets in 2014, is also on track for an initial public offering this year but was assessing w…