The event of Vietravel Airlines welcoming the first Airbus A321 aircraft owned by the airline and starting the PPP project of the Bao Loc - Lien Khuong expressway in the last two days of June 2025 all had the mark of T&T Group.
Increasing owned airlines in the context of a world lacking aircraft
After a short time, T&T Group became a strategic shareholder of Vietravel Airlines, on June 28, this airline welcomed the first Airbus A321 aircraft under its ownership.
With a capacity of 228 seats, the A321 of the narrow-body aircraft line is popular globally with high performance, fuel economy will increase the initiative of the airline when the aircraft is suitable for both domestic and domestic routes as well as international routes with short and medium distances.
The event of welcoming the first A321 aircraft owned by the airline is also important in Vietravel Airlines' restructuring and expansion plan since T&T Group became a strategic shareholder of the airline.
It is expected that in July 2025, Vietravel Airlines will continue to own 2 more Airbus A320 aircraft. With the addition of owned aircraft, Vietravel Airlines will increase the frequency of domestic and international flights, serving both tourism and commercial needs that are recovering strongly.
According to the plan, from now until 2030, Vietravel Airlines will also invest resources to increase the fleet with modern, flexible and efficient aircraft.
According to Mr. Do Vinh Quang - Chairman of the Board of Directors of Vietravel Airlines - owning a Airbus A321 aircraft is not only an important step to realize the strategy of developing a modern aircraft fleet, but also an affirmation of Vietravel Airlines' financial internal strength and operational capacity.
This event also demonstrates Vietravel Airlines' strong determination in sustainable development and building an airline with its own identity, trusted by customers and recognized by the market.
Owing the first Airbus A321 aircraft not only has an important meaning for Vietravel Airlines, but also demonstrates the aspiration for the rise of Vietnam's private aviation industry - a sector that is gradually affirming its role in creating growth in the national economy - Mr. Do Vinh Quang shared.
Vietravel Airlines' efforts to put 3 owned aircraft into operation within 2 months are very commendable, in the context of a world shortage of aircraft that has lasted from 2024 to present.
Pratt & Whitney engine manufacturers have recalled PW100 engines for in-depth inspection and repair to fix manufacturing errors, causing many aircraft to be " lying on the ground" for a long time.
Meanwhile, the supply chain that was broken during the COVID-19 pandemic has not yet recovered, causing the speed of new aircraft production to slow down. These two reasons not only cause a shortage of new aircraft but also make the market for leasing aircraft that are still in operation scarce, high prices are currently causing headaches for many airlines.
In the above context, Mr. Ho Minh Tan - Deputy Director of the Civil Aviation Authority of Vietnam - assessed that the event of Vietravel Airlines welcoming the first Airbus A321 aircraft owned by the airline is an effort to realize T&T Group's commitment to the growth of Vietravel Airlines.
The addition of owned aircraft to its fleet and synchronization with other aircraft in operation will help the airline be more proactive in its operations, while also giving the airline great motivation in its development strategy for the next stages.
Bao Loc - Lien Khuong Expressway proves the pioneering role of the private economy
On June 29, Lam Dong Provincial People's Committee coordinated with the Joint Venture of Investors of T&T Transport Infrastructure Investment and Development Company Limited, Phuong Trang Group Investment Joint Stock Company and Phuong Thanh Transport Investment and Construction Joint Stock Company to start the Bao Loc - Lien Khuong Expressway construction investment project (phase 1) under the public-private partnership (PPP) method with a total investment of VND 17,718 billion.
According to the investor's commitment, it is expected that in 30 months, the Bao Loc - Lien Khuong expressway will be completed with a length of 73.62 km, contributing to the completion of the Dau Giay - Lien Khuong expressway, more than 200 km long. This is a strategic artery route, contributing to connecting Ho Chi Minh City through Dong Nai to Da Lat with a time of only 3 hours instead of 6 hours as at present.
The route also opens up new development space for localities along the route such as Dong Nai, Bao Loc, Di Linh, Duc Trong... contributing to the formation of a satellite urban chain, industrial parks, logistics centers and logistics services. This expressway also facilitates the development of inter-regional tourism, as well as promotes the movement of goods between the Central Highlands and the key economic region in the South through connecting to seaports, Long Thanh airport...
Speaking at the groundbreaking ceremony of the project, Lam Dong provincial leaders affirmed that the groundbreaking of the Bao Loc - Lien Khuong expressway construction is the fulfilment of the dream, expectations and concerns of many generations of leaders, authorities at all levels and people in the province.
Speaking to start the project, Deputy Prime Minister Nguyen Hoa Binh affirmed that the Bao Loc - Lien Khuong expressway will be a strong lever, creating new momentum for the spearhead economic sectors of Lam Dong and neighboring provinces. The value of the Bao Loc - Lien Khuong expressway is not only located at nearly 74 km, but also unleashes potential for the entire strategic economic corridor of hundreds of kilometers, creating new growth momentum for the whole region.
Deputy Prime Minister Nguyen Hoa Binh also acknowledged and highly appreciated the capacity and experience of the Joint Venture of Investors (including T&T Group, Phuong Trang Group and Phuong Thanh Company) which have been selected to implement the key project of Bao Loc - Lien Khuong Expressway.
Pioneering the implementation of national development resolutions
Recently, T&T Group has been known as a key private economic group for large-scale infrastructure projects in the direction of many industries: energy infrastructure, seaports, logistics, airports, aviation industry, logistics, services, trade, airport urban areas, etc.
T&T Group focuses many resources to invest and develop energy infrastructure - in line with the spirit of Resolution No. 55 of the Politburo on the national energy development strategy to 2030, with a vision to 2045.
Currently, this group has been implementing many large domestic and foreign energy infrastructure projects such as wind power, solar power, thermal power, Hai Lang Quang Tri LNG power complex - phase 1 with a total capacity of 1,500MW, Savan 1 wind power project in Laos - phase 1 (300 MW)...
At the same time, T&T is promoting investment in clean energy projects associated with the development of supporting industry chains, energy storage batteries, green hydrogen & carbon recovery... contributing to the goal of carbon neutrality, achieving Net Zero by 2050 and at the same time ensuring sustainable energy security for the country.
T&T Group's acceleration of investment in clean energy projects - from wind power, LNG to green hydrogen and carbon recovery - is a realizing the spirit of Resolution 57-NQ/TW on science, technology and innovation development, emphasizing: "Focus on developing energy infrastructure, especially new energy, clean energy and ensuring energy security for the development of science, technology and strategic industries."
Now, with serious investment in Vietravel Airlines and Bao Loc - Lien Khuong Expressway, it can be affirmed that T&T Group not only expands the "play" of investing in transport infrastructure but also demonstrates the pioneering role of the private economy in realizing national strategic goals.
It should be added that, previously, in the context of many private enterprises showing signs of discouragement in investing in PPP in transport infrastructure, T&T Group proactively invested in Quang Tri Airport under the PPP method with a total investment capital of over 5,800 billion VND.
To achieve the goal of international connectivity and developing the North Central region, T&T Group recently proposed upgrading Quang Tri Airport from level 4C to level 4E (according to the classification of the International Civil Aviation Organization - ICAO).
In particular, with a strategic vision, T&T Group has also proposed to adjust the planning, build a "Aerospace - logistics - service - trade - airport urban complex" in Quang Tri province with a total area of over 10,800 hectares.
Accordingly, T&T Group will build an ecosystem including airlines (both passenger transport and cargo transport - Air Cargo), industry, airports, services, maintenance, repair, flight services, as well as a combination of airport urban areas and high-tech industries...
T&T Group's strategic investment in aviation and core responsibility in the Bao Loc - Lien Khuong Expressway Investor consortium continues to clearly demonstrate its commitment to becoming a pioneer in realizing major policies of the Party and State, especially Resolution 68-NQ/TW of the Politburo on private economic development, becoming the most important driving force of the national economy.
It can be affirmed that, with a strategy to expand investment to both air and road, T&T Group is pioneering, demonstrating the highest responsibility and determination to accompany the major policies of the Party, State and Government.
With a long-term strategic vision and strong multi-industry potential, T&T Group is gradually affirming its position as a "main private investor" forming an infrastructure, multi-modal ecosystem - a key piece for the domestic transport value chain and international connectivity.
