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Sun Group approved to establish Sun PhuQuoc Airways

The Prime Minister has just signed and issued Decision No. 979/QD-TTg, officially approving the investment policy and approving the investor to implement the Sun PhuQuoc Airways project.

Báo Thanh niênBáo Thanh niên20/05/2025

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”.

Sun Group was approved to establish Sun PhuQuoc Airways - Photo 1.

SPA was opened with the mission of bringing tourists from all over the world to Phu Quoc pearl island.


The project's goal is to establish a new airline with the main business model of transporting passengers by commercial air, combined with the charter model to serve tourists traveling to tourist and business centers in 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.

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).

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 island once voted the second most beautiful 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.

Source: https://thanhnien.vn/sun-group-duoc-chap-thuan-thanh-lap-hang-hang-khong-sun-phuquoc-airways-185250520184131693.htm


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