Investment policy approval for Sun PhuQuoc Airways project by Sun Group

According to the decision, the investor is Sun PhuQuoc Aviation Company Limited, a subsidiary of Sun Group. The project is titled “Sun PhuQuoc Airways – SPA.”  Under the approved plan, SPA is expected to operate a fleet of 31 aircraft by 2030. The total investment capital is VND 2,500 billion (approximately USD 98.81 million). 

Travelers will have a new airline option when flying to and from Phu Quoc  

The aim of this project is to establish a new airline with a core business model focused on commercial passenger transport, while also offering charter flight services to serve tourists traveling to major tourism and business destinations in Vietnam and around the world, particularly well-known island resorts and dynamic financial hubs.   

Sun PhuQuoc Airways will serve as a new bridge bringing Phu Quoc closer to both domestic and international travelers

In particular, SPA is envisioned with the mission of bringing international visitors to Phu Quoc Island. The presence of an additional airline operating routes to Phu Quoc is also expected to enhance accessibility and convenience for domestic travelers.

The Prime Minister’s official approval of the investment policy marks an important milestone for Vietnam’s aviation industry and the development of tourism in Phu Quoc. Alongside other carriers, Sun PhuQuoc Airways is expected to further connect Phu Quoc – ranked the world’s second most beautiful island after the Maldives – with both domestic and international travelers.

Phu Quoc International Airport will become a striking, modern, and well-equipped gateway to the Pearl Island

The first commercial flights by SPA are scheduled for the fourth quarter of 2025, linking Phu Quoc with major economic and tourism centers nationwide and internationally. 

In parallel, Sun Group is also operating Sun Air, a premium general aviation service offering personalized private jet flights for luxury travelers.