In the backdrop of visit of the Prime Minister of Vietnam Nguyen Tan Dung to India, Air Costa and VietJet have entered into an MoU to initiate discussions on exploring future opportunities of working together.
Lingamaneni Ramesh, Chairman of Air Costa said the MoU targets exploring opportunities such as code sharing, partnership and financial collaboration. Air Costa, part of the LEPL group, is a scheduled regional airline in India. LEPL Group has diversified business units such as aviation, infrastructure, education, healthcare, and renewable energy. VietJet is the second largest private airline in Vietnam and is planning to start its operations in India.