Vietjet and Boeing ink deal for 100 new aircraft

Representatives of Vietjet and Boeing signed the new contract with the witness the two companies’ leaders

Vietjet CEO Nguyen Thi Phuong Thao and Boeing Commercial Airplanes CEO Kevin McAllister represented each side for the signing of this landmark contract at one of the world’s premiere aviation events.

Vietjet’s new order will focus on developing the airline alliances across the Asia Pacific region and worldwide, and further enhance the airline’s fleet synchronisation, modernisation and fuel efficiency up to 2025. The deal is also expected to increase bilateral trade turnover between Vietnam and the US, the home of Boeing.

“We are honoured to deepen our strong partnership with Vietjet as they become our newest 737 MAX 10 customer. Today’s agreement for a repeat order from Vietjet validates the best-in-class capabilities of the 737 MAX family of airplanes,” said McAllister. “With this agreement, we take another major step in growing our partnership with Vietjet, one that continues to contribute to the trade relationship between Vietnam and the United States. This agreement also grows Boeing’s presence and partnerships across Asia Pacific, developing win-win partnerships in a region with tremendous development potential.”

As part of this contract, Boeing Commercial Airplanes has committed to deploying a series of strategic partnership programs to develop modern aviation service ecology in Vietnam, inclusive of Maintenance, Repair & Overhaul (MRO), training for pilots, technicians, engineers, and more, as well as special programs for enhancing the management and automation capabilities for airlines in Vietnam and the Vietnam aviation industry as a whole.

Vietjet is Vietnamese first airline running as a new-age airline with low-cost and diversified services to meet customers’ demands. It provides not only transport services but also uses the latest e-commerce technologies to offer various products and services for consumers. Vietjet is a member of the International Air Transport Association (IATA) with the IATA Operational Safety Audit (IOSA) certificate.

The airline was listed as one of the Top 500 Brands in Asia 2016 by global marketing research company Nielsen and the “Best Asian Low Cost Carrier” at the TTG Travel Awards 2015, which compiles votes from travelers, travel agencies and tour operators in throughout Asia and Asia’s Best Employer Brand by the Employer Branding Institute and World HRD Congress for many years.

The airline was also rated as one of the top three fastest growing airline brands on Facebook in the world by Socialbakers.

Currently, Vietjet features a fleet of 60 aircrafts, including A320s and A321s, and operates more than 385 flights each day. It has transported more than 60 million passengers on a network featuring 93 routes in Vietnam and across the region including Thailand, Singapore, South Korea, Taiwan, Hong Kong, Mainland China, Malaysia, Indonesia, Myanmar and Cambodia.

In the long-term plan, the airline will expand its network across the Asia Pacific region.