VietJet signed a Memorandum of
Understanding with Boeing at the 2018 Farnborough International on
Wednesday for an
additional 100 737 MAX airplanes.
The agreement, which includes 80
737 MAX 10s and 20 737 MAX 8s, is valued at more than $12.7
billion at current list prices.
The Vietnamese low-cost carrier
will become the largest MAX 10 customer in Asia once the deal is
completed. VietJet plans to leverage the added capacity of the MAX
10 to satisfy surging demand on high-dense domestic routes, as
well as on popular regional destinations throughout Asia. At 43.8 m
(143 ft 8 in) long, the 737 MAX 10 airplane can seat a maximum of 230
Thị Phương Thảo, President and CEO of VietJet,
said, "We are
excited to introduce Boeing's newest 737 MAX 10 into our rapidly
growing fleet. These new airplanes will fit perfectly into our
growth strategy, providing the efficiency and range for VietJet to
expand its route network and offer more international destinations
for our customers and expand alliances across Asia Pacific, the
fastest growing aviation market in the world."
As part of the
agreement, Boeing will partner with VietJet to enhance technical
and engineering expertise and the training of pilots and
technicians in Vietnam, helping to further develop the commercial
aviation ecosystem in the country. Boeing will also
support VietJet in improving management capabilities at the
airline and in the country.
VietJet finalized an order for 100 high-capacity 737 MAX 8
airplanes, which set the mark for the largest-ever single
commercial airplane purchase in Vietnam aviation.
honored 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 Kevin McAllister,
president and CEO of Boeing Commercial Airplanes. "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
The 737 MAX
family is powered by CFM International LEAP-1B engines.
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