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Pacific Airlines

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1.5 million passengers in the first half of 2009. Despite these developments, the airline encountered branding issues when the CAAV in October decreed that it must replace its Jetstar brand and logo with a new identity; the CAAV cited possible consumer confusion with Jetstar Airways and that a foreign airline could potentially exploit the Jetstar Pacific's branding to advertise it products. Later that year, CEO Luong Hoai Nam suddenly quit the airline having served since 2004.
683: 3220: 781: 2606: 2630: 469: 2578: 2618: 652:. The deal was finalised in July when Qantas acquired an 18% stake for US$ 30 million, with provisions to eventually increase the stake to 30%; SCIC held the majority of the remaining shares. The deal would see the carrier, restructure as a low-cost airline and launch flights to the surrounding countries with a fleet of 30 Airbus A320s by 2014. It was renamed 792:
In June 2020, Vietnam Airlines announced that it would takeover all Qantas's shares and increase its ownership of Jetstar Pacific to 98%. The airline will no longer be operating under the Jetstar brand, but will revert to its original name Pacific Airlines. The ticketing system will also be migrated
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by decreeing a transfer of SCIC shares to Vietnam Airlines, which took place in February. The transfer brought forward plans by Vietnam Airlines to have its own LCC by 2014. As part of its current expansion plan, it is intended that Jetstar Pacific will have up to 15 Airbus A320s by the end of 2015.
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and Pacific Airlines to investors. With the lifting of the US embargo, the country was looking for funds for aircraft procurements. Such plans did not materialise. However, in 1996, Pacific Airlines was consolidated with several air-service companies, including Vietnam Airlines, to establish Vietnam
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Jetstar Pacific embarked on its fleet modernisation plan in 2009, as it replaced several Boeing 737-400s with leased A320s. It made its first profit (US$ 1.1 million) in July that year after long periods of losses. The airline expanded its domestic market share as it transported more than
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In March 2024, citing financial difficulties and pressure from lessors, Pacific Airlines has announced that the operator has temporarily suspended all of its services and flights and decommissioned its whole fleet. This wasn't mean bankruptcy or an effective dissolution of the airline, and the
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Pacific Airlines was established in December 1990 and began operations in April 1991 with a start-up capital of US$ 2.47 million. It was the first carrier to be established in Vietnam following reforms that permitted foreign investment in the country's airlines. Pacific Airlines operated
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In 2000, Pacific entered into an agreement with Greek charter airline Galaxy Airways whereby the Vietnamese carrier would operate flights to Taipei on its behalf. In 2001, the airline's revenues totalled US$ 48 million, having made 3,600 flights using an
1733: 430: million at the airline. Consequently, Vietnam Airlines Corporation in late 2004 submitted a report about Pacific Airlines to the government, who decreed that all of the carrier's shares belonging to the corporation must be transferred to the 828:
is looking for investors in order to restructure Pacific Airlines, however, it was revealed that the investor selection process faced many legal and other obstacles due to the fact that it (both Vietnam Airlines and Pacific Airlines) is a
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losses, which reportedly had cost the airline US$ 31 million. Qantas responded to the complication by replacing the two administrators. Due to the investigation into fuel-hedging allegations, growth plans at the airline were stalled.
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company has proposed meaningful restructuring while promised to restart its operations as soon as possible. Currently, the company is still actively providing ground handling services to
2080: 2195: 2102: 767:, the SCIC would transfer 70% of its shares to Vietnam Airlines. However, Jetstar denied such speculation. On 16 January 2012, the Vietnamese government confirmed the allegations by 2133: 282:. Having by now operated passenger services, Pacific Airlines then came under the control of the government itself. In 2007, the Vietnamese government sold a 30% shareholding to 1131: 278:
The airline began operations in 1991, flying chartered cargo services. From 1996 to 2005, the airline, along with other local companies, operated under the government-owned
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In March 2024, due to serious difficulties, Pacific Airlines has declared pausing its operations, with its parent Vietnam Airlines handling all the affected customers.
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Funding issues persisted through 2011. In addition to the fuel price fluctuations, compounded by the government-sanctioned fare cap, JPA had to address
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The Ministry in January 2005 announced plans to sell all of its shares to increase the available capital by 20 times One prospective investor was
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and Thailand. Talks with various parties fell through. It was not until January 2007 when rumours circulated about another prospective investor.
1195: 3174: 2203: 2110: 3382: 2548: 1955: 286:, and as such the airline adopted a low-cost operations model and adopted its name (Jetstar Pacific) on 23 May 2008, becoming part of the 2465: 2286: 2143: 810: 2410: 441:, who was looking to inject US$ 50 million to revive the business, which might have entailed launching passenger flights to Japan, 434:(MoF). As a result, the MoF assumed control of 86.49% of shares, with Saigon Tourist (13.06%) and Tradevico (0.45%) making up the rest. 2662: 1870: 1141: 362:
that would have involved the training of Pacific Airlines' personnel and that had provisions for cooperation on US–Vietnam services.
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In January 2010, clarifications about Nam surfaced when Vietnamese authorities reportedly detained the former CEO and prevented
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As of 2020, Pacific Airlines operates more than 40 daily flights to domestic destinations from its main operating base at
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bought a 70% stake in the company. As part of its expansion plan, it was intended that Jetstar Pacific will have up to 15
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aircraft by the end of 2015 and up to 30 aircraft by 2020. In late 2020, Qantas sold its stakes in Jetstar Pacific to
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of Jetstar Pacific. All JPA Boeing 737 airframes were retired by 2013 as a part of the carrier's fleet modernisation.
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has resulted in the financial situation of Pacific Airlines being "extremely serious", posing the possibilities of
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and a rise in oil prices, as well as misguided management decisions, contributed to a cumulative loss of more than
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An early Jetstar Pacific A320 that had to be operated with a plain-gray livery due to the branding issues.
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JETSTAR PACIFIC (VIETNAM) Address 112 Hong Ha Ward 12 Tan Binh Dist. Ho Chi Minh City, Vietnam
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The remaining 30% of Jetstar Pacific was held by Qantas (most likely for naming rights).
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were deferred, and SCIC stated the airline would need US$ 35 million to operate in 2009.
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This article is about the Vietnamese airline. For the defunct United States airline, see
1756: 330: 3326: 3247: 3039: 1960: 3283: 3033: 2949: 2909: 2829: 1678: 1381: 42: 20: 1930:"Jetstar Pacific – Largest shareholder seeking to reduce holding in loss-making LCC" 3257: 3229: 3208: 3023: 2914: 2703: 2671: 2622: 894: 878: 844: 806: 641: 610: 600: 438: 370: 314: 302: 294: 279: 256: 185: 174: 2226:"70 percent of Jetstar Pacific stakes may fall into the hands of Vietnam Airlines" 1791: 3377: 2782: 2634: 2415:
VnExpress International – Latest news, business, travel and analysis from Vietnam
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Tristan Freeman from leaving the country. This was part of an investigation into
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As of 26 June 2024, Pacific Airlines operates the following aircraft:
3203: 3067: 2866: 2610: 2377: 1257: 756: 687: 649: 383: 347: 335: 310: 1816:. Ministry of Natural Resources and Environment. 17 April 2008. Archived from 1352:"Vietnam's Bamboo Airways, Pacific Airlines begin ground handling partnership" 3346: 2975: 2876: 2411:"Covid causes more turbulence for Pacific Airlines - VnExpress International" 313:. The airline resumed its nominal operations on 26 June 2024, using a single 2589: 414:. From 2001 to 2004, a succession of regional and global events, namely the 3136: 2961: 2955: 2839: 2169:"Outlook of Jetstar Pacific uncertain with possible Vietnam Airlines stake" 1136: 825: 748: 3316: 3275: 3242: 2969: 840: 722: 442: 411: 407: 344: 298: 732:
branding in order to address the concerns of the Vietnamese authorities.
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To be dry-leased from Vietnam Airlines to retain the carrier's AOC
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Approximately one year after the Qantas withdrawal, in June 2021,
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and the carrier returned to its old brand name Pacific Airlines.
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Airlines Corporation. During the same year, Pacific Airlines
1956:"Jetstar Pacific says will work with authorities over brand" 1132:"Qantas's Jetstar mulls over 'very large' Airbus A320 order" 2196:"Jetstar Pacific now thirsty for capital: General Director" 3077: 2774: 2287:"Vietnam Airlines to hold state stake in Jetstar Pacific" 2103:"Charges dropped against former Jetstar Pacific director" 839:
The carrier restarted operations by June 2024 with three
1904:"Jetstar Pacific to cut flights to Vietnam's Nha Trang" 2439:"Pacific Airlines bay lại từ ngày 26-6 sau tái cơ cấu" 2171:. Centre for Aviation. 24 October 2011. Archived from 1651:. Ministry of Finance. 25 January 2005. Archived from 1437:. Ministry of Finance. 27 January 2005. Archived from 1429: 1427: 1425: 2594: 2466:"Jetstar Pacific seen as carrier of cheapest flights" 1273:"Qantas to sell stake in Jetstar In Jan 2023 Pacific" 2131: 793:
from the Qantas-based system used by Jetstar to the
2134:"Jetstar drops staff into troubled Vietnam venture" 1757:"Qantas in talks to buy stake in Vietnam's Pacific" 1422: 721:The standard Jetstar Pacific livery featured on an 2256:"Jetstar Pacific not being taken over, group says" 2163: 2161: 1871:"Qantas acquires shareholding in Pacific Airlines" 1219: 1217: 1734:"Temasek Holdings may invest in Pacific Airlines" 1129: 3344: 1754: 1029:. Viet Nam News. Viet Nam News. 10 December 2016 2158: 2014:"Ideology clash as Jetstar Pacific chief quits" 1814:"First low-cost airline established in Vietnam" 1214: 788:that was painted in the Pacific Airlines color. 667:JPA began its low-cost flights with service to 2070: 2011: 1949: 1947: 821:and termination of operations. The Vietnamese 263:, Vietnam, with its primary operating base at 259:and ground services provider headquartered in 3168: 2790: 2656: 2514: 1985: 1983: 1838: 1250: 801:Financial issues & restructuring proposal 775: 241:Pacific Airlines Joint Stock Aviation Company 2496:"Pacific Airlines Fleet Details and History" 2284: 1698: 1696: 2392:"Thương hiệu Jetstar Pacific sắp bị xóa sổ" 1944: 1616: 249:Công ty Cổ phần Hàng không Pacific Airlines 3175: 3161: 2797: 2783: 2663: 2649: 2463: 2353:. Jetstar Pacific Airlines. Archived from 2309: 1991:"Jetstar Pacific faces a branding problem" 1980: 1953: 1619:"Pacific Airlines hits revenue turbulence" 1511: 1226:"Jetstar Pacific: Lỗ 5 năm, vẫn phải làm!" 1019: 354:, Pakistan and France in cooperation with 1693: 1223: 1253:"Jetstar Pacific fleet tipped to double" 1025: 888: 779: 681: 329: 3182: 2193: 1993:. Centre for Aviation. 17 November 2009 1932:. Centre for Aviation. 11 December 2008 1516:(in German). Aerosecure. Archived from 1514:"Pacific Airlines wird Jetstar Pacific" 1370: 1164:"Jetstar links with Vietnamese Pacific" 1027:"Jetstar appoints new general director" 868: 3345: 2546: 1704:"New staff to revive Pacific Airlines" 1047: 929: 3156: 2778: 2644: 2433: 2431: 2408: 1898: 1896: 1625:. Worldsources Online. Archived from 1320: 1318: 934: 897:'s A321-200s to maintain its license. 893:Pacific Airlines is currently flying 857:List of Pacific Airlines destinations 267:. From 2008 to 2020, it was known as 3266:Vietnam Air Services Company (VASCO) 2765:Vietnam Airlines Engineering Company 2670: 1841:"Jetstar flies into Vietnam venture" 1755:Nhat Lam, Nguyen (24 January 2007). 638:State Capital Investment Corporation 3383:Companies based in Ho Chi Minh City 2012:Easdown, Geoff (18 November 2009). 1782:"Qantas buys Vietnam airline stake" 1461:"Northwest sees new labour options" 367:Civil Aviation Authority of Vietnam 325: 261:Tan Binh District, Ho Chi Minh City 13: 3009:Australian Airlines (formerly TAA) 2547:ONLINE, TUOI TRE (18 March 2024). 2428: 2323:. 23 February 2012. Archived from 1893: 1736:. Ministry of Finance. 16 May 2005 1677:. Pacific Airlines. Archived from 1540:"TEA extends its Vietnamese links" 1380:. Pacific Airlines. Archived from 1324: 1315: 1196:"About Jetstar Pacific in Vietnam" 1130:Ionides, Nicholas (26 July 2007). 863:Tan Son Nhat International Airport 456: 265:Tan Son Nhat International Airport 14: 3399: 2590:Pacific Airlines official website 2571: 2262:. 9 December 2011. Archived from 2109:. 6 November 2010. Archived from 2071:Easdown, Geoff (8 January 2010). 1251:Creedy, Steve (3 November 2015). 1091: 761:maintenance fees for its aircraft 3218: 2628: 2616: 2604: 2576: 2528:from the original on 6 June 2019 2347:"Jetstar Pacific | Jetstar" 2285:Binh, Nguyen (30 January 2012). 1839:Creedy, Steve (14 August 2008). 1649:"Restructuring Pacific Airlines" 1617:Son, Nguyen (10 December 2001). 714: 702: 467: 41: 2540: 2488: 2457: 2402: 2384: 2369: 2339: 2278: 2248: 2218: 2187: 2132:O'Sullivan, Matt (3 May 2010). 2125: 2095: 2064: 2038: 2005: 1922: 1877:. 1 August 2007. Archived from 1863: 1832: 1806: 1790:. 26 April 2007. Archived from 1774: 1748: 1726: 1710:. 10 March 2005. Archived from 1667: 1641: 1610: 1584: 1558: 1532: 1505: 1479: 1453: 1396: 1344: 1290: 1265: 1244: 1172:. 14 April 2008. Archived from 1050:"Pacific Airlines gets new CEO" 850: 3388:1990 establishments in Vietnam 2522:"Airbus orders and deliveries" 2464:Binh, Mong (3 February 2012). 1954:Mong, Binh (2 November 2009). 1188: 1156: 1123: 1108: 1062: 1048:Nguyen, Dat (18 August 2020). 1041: 596:Holding company#Parent company 170:Holding company#Parent company 1: 2445:(in Vietnamese). 25 June 2024 2232:. 12 May 2011. Archived from 1224:Anh, Minh (14 January 2013). 1098:"Directory: World Airlines". 1012: 3363:Airlines established in 1990 2922:Express Freighters Australia 2728:Vietnam Air Services Company 1512:Eder, Alex (24 April 2008). 1104:. 10 April 2007. p. 60. 280:Vietnam Airlines Corporation 7: 1120:issue 238 June 2007 page 14 1000: 386:from Swiss charter carrier 109:; 33 years ago 91:; 33 years ago 16:Low-cost airline of Vietnam 10: 3404: 2900:Eastern Australia Airlines 2804: 1302:spirit.vietnamairlines.com 854: 797:used by Vietnam Airlines. 776:Return as Pacific Airlines 320: 25: 18: 3302: 3274: 3256: 3228: 3215: 3194: 3142:Qantas The Australian Way 3124: 3096: 3055: 3001: 2985: 2942: 2888:Wholly owned subsidiaries 2887: 2812: 2762:Vietnam Airlines Caterers 2752: 2736: 2712: 2696: 2680: 1623:Vietnam Investment Review 1566:"World Airline Directory" 1467:. 26 July – 3 August 1993 1404:"World Airline Directory" 1114:Qantas buys into Vietnam 1072:. Jetstar. 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Airbus. May 2019. 1655:on 18 September 2015 1598:. 5–11 December 2000 1596:Flight International 1570:Flight International 1544:Flight International 1491:Flight International 1465:Flight International 1441:on 18 September 2015 1408:Flight International 1101:Flight International 869:Codeshare agreements 743:Daniela Masilli and 512:Commenced operations 416:September 11 attacks 271:(as a subsidiary of 104:Commenced operations 28:Pan Pacific Airlines 3358:Airlines of Vietnam 3294:Vietnam Helicopters 3097:Former subsidiaries 3019:Australian Airlines 2713:Subsidiary airlines 2381:August 2020 page 17 2375:Back to the Future 1384:on 28 December 2005 1277:Australian Aviation 1117:Australian Aviation 908: 875:codeshare agreement 642:low-cost operations 632:Australian airline 463: 432:Ministry of Finance 356:AOM French Airlines 334:A Pacific Airlines 37: 3327:Indochina Airlines 3248:Vietravel Airlines 3040:Qantas New Zealand 2986:Affiliate airlines 2266:on 11 January 2012 2175:on 6 November 2012 1961:Saigon Times Daily 1681:on 28 January 2007 1493:. 16–27 March 1994 1410:. 24–30 March 1993 904: 899: 790: 692: 461: 340: 293:In February 2012, 202:Trịnh Hồng Quang ( 89:December 1990 35: 3373:Vietnamese brands 3368:Low-cost carriers 3340: 3339: 3284:Vietstar Airlines 3150: 3149: 3034:Jetstar Hong Kong 2950:Alliance Airlines 2910:Sunstate Airlines 2862:Flights 7 & 8 2772: 2771: 2724: 2581:Media related to 2502:. 7 February 2024 2321:VietnamNet Bridge 2230:VietnamNet Bridge 2200:VietnamNet Bridge 2107:VietnamNet Bridge 1546:. 19–25 June 1996 998: 997: 784:The one and only 630: 629: 535:Ceased operations 507: 506: 238: 237: 81: 80: 21:Pacific Air Lines 3395: 3353:Vietnam Airlines 3238:Pacific Airlines 3223: 3222: 3209:Vietnam Airlines 3177: 3170: 3163: 3154: 3153: 3024:Impulse Airlines 3002:Defunct airlines 2915:Network Aviation 2845:Longreach Hangar 2799: 2792: 2785: 2776: 2775: 2722: 2720:Pacific Airlines 2704:Vietnam Airlines 2674: 2673:Vietnam Airlines 2665: 2658: 2651: 2642: 2641: 2633: 2632: 2631: 2621: 2620: 2619: 2609: 2608: 2607: 2600: 2580: 2565: 2564: 2562: 2560: 2544: 2538: 2537: 2535: 2533: 2518: 2512: 2511: 2509: 2507: 2492: 2486: 2485: 2483: 2481: 2472:. 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Index

Pacific Air Lines
Pan Pacific Airlines

IATA
ICAO
Callsign
Hanoi
Ho Chi Minh City
Frequent-flyer program
Holding company#Parent company
Vietnam Airlines
Ho Chi Minh City
Vietnam
Chairman
CEO
www.pacificairlines.com.vn
Vietnamese
low-cost airline
Tan Binh District, Ho Chi Minh City
Tan Son Nhat International Airport
Jetstar
Vietnam Airlines Corporation
Qantas
Jetstar
Vietnam Airlines
Airbus A320
Vietnam Airlines
Bamboo Airways
Vietnam Airlines

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