What member of the Federation of Indian Airlines is the largest Asian low-cost carrier?
Federation of Indian Airlines The Federation of Indian Airlines (FIA) is an airline industry body in India. Its members are Jet Airways, IndiGo, SpiceJet and GoAir. As of March 2017, the four members of the FIA have a combined 80% share of the domestic aviation market. The functions of the FIA are carried out by an Executive Council composed of the heads of each of the member airlines.
VietJet Air VietJet Aviation Joint Stock Company (Vietnamese: "Công ty Cổ phần Hàng không VietJet" ), trading as VietJet Air or Vietjet, is an international low-cost airline from Vietnam. It was the first privately owned new-age airline to be established in Vietnam, being granted its initial approval to operate by the Vietnamese Minister of Finance in November 2007. As of its launch in December 2011, it became the second private airline to offer domestic service in Vietnam, as well as the fifth airline overall to offer civil domestic flights. VietJet Air is owned by Sovico Holdings, HDBank, other organisational investors and individual stakeholders.