Sun PhuQuoc Airways (SPA) has been licensed to operate under a traditional full-service business model while also incorporating a charter flight model. With Phu Quoc as its central hub, Sun PhuQuoc Airways will operate flights to Hanoi, Ho Chi Minh City, Da Nang, and other key cities.
On the international front, SPA sets its sights on linking Phu Quoc, Vietnam’s largest island, with major cities and leading tourist destinations across Asia, including Japan, South Korea, China, and other potential regional markets, as well as high-potential tourism markets that currently lack direct air connections, such as Russia, Eastern Europe, Central Asia, the Middle East, Europe, and Australia.
The project has a total operating duration of 50 years, with an investment capital of VND2.5 trillion (US$98.81 million), of which VND1 trillion comes from the investor’s equity contribution.
Sun PhuQuoc Airways is currently in the process of engaging with Boeing to negotiate the purchase of aircraft. In its initial phase, the airline will operate narrow-body aircraft from the Airbus A320 and A321 families, notably the A321neo.