India Vietnam traffic is skewed in favor of Indians, but India Vietnam capacity is dominated by Vietnamese carriers

The data shows a clear asymmetry: while Indian travelers dominate the passenger flow, Vietnamese airlines such as Vietnam Airlines, Bamboo Airways, and VietJet Air operate the majority of flights between the two countries. This capacity advantage allows Vietnamese carriers to capture a larger share of revenue, even as Indian tourists spend more on hotels, food, and tourism services. Industry analysts suggest that expanding codeshare agreements or encouraging Indian carriers to increase frequencies could help balance the market.

Key Takeaways

• Indian travelers dominate India-Vietnam passenger traffic, but Vietnamese carriers operate the majority of flights between the two countries.
• Vietnam Airlines, Bamboo Airways and VietJet Air capture a larger share of route capacity and revenue than Indian carriers.
• Indian tourists spend more on hotels, food and tourism services despite Vietnamese airlines’ capacity advantage.
• Analysts suggest expanded codeshare agreements or more Indian carrier frequencies could help balance the market.