Vietjet finalizes Vietnam’s largest ever commercial aircraft purchase

Dino D'Amore
By Dino D'Amore May 23, 2016 14:08

Vietjet finalizes Vietnam’s largest ever commercial aircraft purchase

VietJet Aviation has finalized an order for 100 737 MAX 200 aircraft, the largest ever single commercial aircraft purchase in Vietnam aviation. His Excellency Mr. Trần Đại Quang, President of the Socialist Republic of Vietnam, and U.S. President Barack Obama, witnessed the historic agreement, valued at approximately $11.3 billion at current list prices.

The signing ceremony, conducted by Vietjet President and CEO Nguyễn Thị Phương Thảo and Boeing Commercial Airplanes President and CEO Ray Conner, took place at the Presidential Palace in Hanoi.

“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 Madam Nguyễn Thị Phương Thảo during the signing. “Through this agreement, Vietjet will contribute increasing bilateral trade turnover between Vietnam and the United States, as well as the integration and development of the aviation industry in Vietnam.‎”

The aircraft will be delivered from 2019 through 2023, supporting Vietjet’s continuous growth of its domestic as well as international network in the region. This agreement also helps Vietjet to increase its fleet to more than 200 aircraft by the end 2023.

“Boeing is proud to again play an integral role in advancing Vietnam’s aviation industry. We’re honored to be joined by President Quang and President Obama for this historic milestone and order of 100 737 MAX 200 airplanes,” said Conner. “Incorporating the latest design and technology features, the highly efficient 737 MAX 200 will provide Vietjet’s growing network with market-leading economics, a superior passenger experience and contribute significantly to their future success.”

Dino D'Amore
By Dino D'Amore May 23, 2016 14:08