Pacific Airlines, began operations in 1991, flying chartered cargo services. From 1996 to 2005, the airline operated under the government-owned Vietnam Airlines Corporation. Having by now operated passenger services, Pacific Airlines then came under the control of the government itself. In 2007, the Vietnamese government sold a portion of its shares to Qantas, and as such airline adopted a low-cost operations model and adopted its current name in 2008: Jetstar Pacific.
Source: Wikipedia
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