VietJet

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[A320-200](https://www.ch-aviation.com/aircraft-variants/A320200)s and six [A321-200](https://www.ch-aviation.com/aircraft-variants/A321200)s, which all come on leases from affiliate [VietJetAir](https://www.ch-aviation.com/portal/airline/VJC) (VJ, [Hanoi](https://www.ch-aviation.com/portal/airports/5387)), will be phased out by 2024. In mid-2023, Thai VietJet will receive its first [B737-8](https://www.ch-aviation.com/aircraft-variants/B007378), the first of 50 it will receive between then and 2027. Thai VietJet managed to pull through the pandemic and the almost total shut down of Thailand's passenger airline industry and is now the third largest carrier in the country when measured by ASKs, and the fourth largest when measured by flight movements. However, Woranate expects ASKs on international sectors to increase by 35% this year, and 300% when the full network restructuring is completed later this decade. Already, the low-cost carrier is pivoting away from its traditional Thai domestic market, with Thai VietJet also now flying to Viet Nam, Japan, China, Cambodia, Singapore, and Taiwan. Speaking at Routes Asia 2023 recently, CEO Woranate Laprabang said revenue increased by 100% in 2022 and he expects to see a similar result this year.