THE NEWS: Vietjet raised its total investment in wholly‑owned Galaxy Pay from VND 50 billion ($1.9 million) to VND 300 billion ($11.4 million), a six‑fold increase aimed at funding a Starlink satellite‑based Wi‑Fi system for its aircraft.
DETAILS:
- The additional capital will be allocated specifically to deploy the Starlink system across Vietjet’s fleet.
- Galaxy Pay is entirely owned by Vietjet, positioning the airline to control its own in‑flight connectivity service.
- Wi‑Fi connectivity on flights is emerging as a new competitive arena among Vietnamese airlines.
WHY IT MATTERS: By investing heavily in Starlink‑enabled Wi‑Fi, Vietjet seeks to differentiate its product offering and capture market share in a growing in‑flight connectivity market where Vietnamese carriers are beginning to compete on digital passenger experience.
FAQ
How much has Vietjet increased its investment in Galaxy Pay?
Vietjet boosted its investment in Galaxy Pay from VND 50 billion ($1.9 million) to VND 300 billion ($11.4 million), representing a six‑fold rise in capital allocation.
What will the additional VND 300 billion be used for?
The airline stated the new VND 300 billion injection will fund the installation of a Starlink satellite‑based Wi‑Fi system on its aircraft, enhancing in‑flight connectivity.
Why is Wi‑Fi considered a new competition area for Vietnamese airlines?
The article notes that passenger access to Wi‑Fi on flights is becoming a fresh battleground among Vietnam’s airlines, prompting carriers like Vietjet to invest heavily in advanced connectivity solutions such as Starlink.
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