According to the company, monthly income is set at VND 42 million (approximately USD 1,650) for chief flight attendants, VND 32 million (approximately USD 1,260) for senior cabin crew and VND 28 million (approximately USD 1,100) for standard cabin crew.
Earlier, the airline also revealed plans to recruit pilots for its wide body Airbus A330 fleet. Salaries for designated pilot examiners could reach USD 12,000 per month for foreign pilots, or around VND 280 million (approximately USD 11,000) for Vietnamese pilots. Captains are expected to earn about USD 10,000 monthly, while first officers may receive USD 6,000 if foreign, or around VND 124 million (approximately USD 4,900) for Vietnamese staff.
Founded in late 2025 with charter capital of VND 300 billion (approximately USD 11.8 million), the airline is majority owned by Crystal Bay Tourism Group, which holds a 94 per cent stake.
The group has been involved in aviation since around 2022, primarily through charter flights bringing international tourists to Vietnam, particularly to destinations such as Cam Ranh and Phu Quoc. In 2023, it established a subsidiary to develop airline ticketing and tourism software platforms.
Chairman of Crystal Bay Tourism Group JSC Nguyen Duc Chi (Illustration: IT)
Despite early involvement in tourism and aviation, financial disclosures indicate that parts of the Crystal Bay ecosystem have struggled. Crystal Bay Corporation reported a loss of more than VND 41 billion (approximately USD 1.6 million) in the first half of 2025, with accumulated losses nearing VND 65 billion (approximately USD 2.5 million). The company posted a loss of VND 109 billion in 2024, a profit of VND 101 billion in 2023 and a loss of VND 94 billion in 2022.
As of the end of the second quarter of 2025, its equity stood at VND 1,582 billion (approximately USD 62 million), while total liabilities reached VND 5,440 billion (approximately USD 214 million), equivalent to 3.44 times its equity. Outstanding bond debt accounted for VND 2,287 billion (approximately USD 90 million).
Auditor A&C issued a qualified opinion related to two projects, Rocko Bay Resort and Sailing Ninh Chu Bay, which have been revoked but whose financial impacts have not been fully assessed.
Another newly established entity within the group, Sunbay Ninh Thuan, also reported losses. The company recorded a net loss of VND 16.7 billion (approximately USD 660,000) in 2025, widening from over VND 10 billion the previous year.
Its accumulated losses reached VND 298 billion (approximately USD 11.7 million) by the end of 2025. At that time, equity stood at VND 473 billion (approximately USD 18.6 million), while total liabilities climbed to VND 3,775 billion (approximately USD 148 million), about eight times its equity.
