Vietjet inks $2.39 billion deal with Airbus

Tuesday, Sep 06, 2016 14:56

Leaders of Vietjet and Airbus shake hands after signing the deal. — VNS Photo

HA NOI (Biz Hub) — Vietjet today clinched a deal valued at some US$2.39 billion with Airbus to buy 20 more A321 aircraft.

The signing ceremony was witnessed by President Tran Đai Quang and his French counterpart Francois Hollande.

"Vietjet is benefitting from the very significant economies that come from operating a single aircraft family. For busier routes, the A321 combines higher capacity with the lowest operating costs in its class, offering unbeatable efficiency," Airbus President and CEO Fabrice Bregier said.

"We look forward to further developing our partnership with Vietjet, including working with the airline to develop its new training facility," he added.

In her speech, Vietjet president and CEO Nguyen Thi Phuong Thao spoke highly of the bilateral relationship between Viet Nam and France.

"The two countries are heading towards a more efficient economic cooperation, with today's agreement between Vietjet and Airbus a clear example," she said.

The airplanes will be delivered to Vietjet from 2017 until 2020.

Vietjet is the first airline in Viet Nam to operate as a new-age airline with low costs and diversified services to meet customers' demands.

Currently, the airline operates more than 250 flights per day. It operates 50 routes in Viet Nam and across the region to international destinations, such as Thailand, Singapore, South Korea and Taiwan, as well as mainland China, Myanmar and Malaysia. It has carried some 25 million passengers till date.

At the event, Thao said the airline is developing robustly and sustainably with an aim to better serve passengers and promote tourism and economic development in Viet Nam and other regional countries. — VNS


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