Vietjet and Boeing sign US$11.3 billion contract

23.05.2016

The signing ceremony, conducted by Vietjet President and CEO Nguyen Thi Phuong Thao and Boeing Commercial Airplanes President and CEO Ray Conner, took place at the Presidential Palace in Hanoi, at approximately 11:40 a.m. local time.

The signing ceremony was witnessed by Vietnamese President Tran Dai Quang and his American counterpart Barack Obama.

“Boeing is proud to again play an integral role in advancing Vietnam’s aviation industry. We’re honored to be joined by President Tran Dai Quang and President Obama for this historic milestone and order of 100 737 MAX airplanes,” said Conner.

“Incorporating the latest design and technology features, the highly efficient 737 MAX will provide Vietjet’s growing network with market-leading economics, a superior passenger experience and contribute significantly to their future success,” he said.

The 737 MAX incorporates the latest technology CFM International LEAP-1B engines, Advanced Technology winglets and other improvements to deliver the highest efficiency, reliability and passenger comfort in the single-aisle market.The new single-aisle airplane will deliver 20 percent lower fuel use than the first Next-Generation 737s.

„Vietjet is efficiently operating a fleet of narrow body airplanes. Our investment in a fleet of B737 Max 200 will accommodate our strategy of growing Vietjet’s coming international route network including long haul flights,“ said VietJet President & CEO Nguyen Thi Phuong Thao.

„Through this Agreement, Vietjet will contribute increasing bilateral trade turnover between Vietnam and the United States, as well as contributes in the integration and development of the aviation industry of Vietnam,” Thao said.

The airplanes in this purchase will be delivered to Vietjet from 2019 until 2023 for supporting Vietjet to continuously extend the domestic network as well as international network in the region.This agreement helps Vietjet to increase the fleet to more than 200 aircraft in the end  2023 with the most modern and advanced technology in the world.  

Source: Vietnam.net

Photo: Vietjet Air