Thai VietJetAir (VZ, Bangkok Suvarnabhumi) has officially been launched after namesake VietJetAir (VJ, Hanoi Noi Bai International) recently signed a joint venture agreement with Kan Air (KND, Chiang Mai) that will see the new Thai LCC based out of Bangkok Suvarnabhumi. Expected to commence operations in early 2014, the new carrier will initially operate a fleet of two or three Airbus A320 aircraft on domestic and international routes; services to Cambodia and Myanmar are already under consideration. Thai VietJetAir will go head to head with Thai AirAsia (FD, Bangkok Don Mueang), Nok Air (DD, Bangkok Don Mueang) and Thai Smile (Bangkok Suvarnabhumi).