Sun Group approved to invest in Sun PhuQuoc Airways

On May 20, 2025, the Prime Minister signed Decision No. 979/QD-TTg, officially approving the investment policy and approving the investor to implement the Sun PhuQuoc Airways Project.

Phu Quoc's beautiful Kem Beach

According to the decision, the investor implementing the project is Sun Phu Quoc Airways Company Limited. It is known that this is a company belonging toSun Group Corporation. The project name is “Sun PhuQuoc Airways - SPA”.

According to the approved policy, SPA will have a total fleet size of 31 aircraft by 2030. The total investment capital of the project is VND2,500 billion (equivalent to about USD98.81 million).

Hon Thom Cable Car, Phu Quoc

The project's goal is to establish a new airline with the main business model of transporting passengers by commercial air, combined with the exploitation of the charter model to serve tourists traveling to tourist and business centers of Vietnam and the world , typically famous tourist islands and bustling financial and commercial centers.

In particular, SPA was opened with the mission of bringing tourists from all over the world to Phu Quoc pearl island. And having another airline to the pearl island will also create conditions for Vietnamese people to come to Phu Quoc more easily and conveniently.

Propose

The Prime Minister's official approval of the investment policy for Sun PhuQuoc Airways is an important milestone for the Vietnamese aviation industry and the development of Phu Quoc tourism . Because together with other airlines in the market, Sun PhuQuoc Airways will contribute a new bridge, bringing Phu Quoc - the second most beautiful island in the world after Maldives - closer to domestic and international tourists.

It is expected that in the fourth quarter of 2025, SPA will officially operate the first flights, connecting Phu Quoc with key economic and tourist centers at home and abroad.

Along with Sun PhuQuoc Airways, Sun Group is still operating the high-end general airline Sun Air, providing personalized and specialized private jet services for luxury customers.

PV

Source: https://www.sggp.org.vn/sun-group-duoc-chap-thuan-chu-truong-dau-tu-hang-hang-khong-sun-phuquoc-airways-post796120.html