Vietjet signed a deal for 100 new Boeing 737 MAX
airplanes on Wednesday, increasing the airline’s order with Boeing to
200 airplanes. The new order is valued at US$12.7 billion at
current list prices.
During the same ceremony, Vietjet and General
Electric signed a long-term Engine Support Agreement valued at
US$5.3 billion to equip Vietjet aircraft with LEAP-1B engines.
Vietjet President and CEO Nguyen Thi Phuong Thao
and Boeing Commercial Airplanes President & CEO Kevin McAllister
co-signed the airplane purchase deal, with Vietnam Communist Party
General Secretary and President Nguyen Phu Trong and United States
President Donald Trump as witnesses.
Commercial Airplanes President & CEO Kevin McAllister said, “we
are pleased to expand our partnership with Vietjet and to support
their impressive growth with new, advanced airplanes such as the
737 MAX. We are confident the MAX will help Vietjet grow more
efficiently and provide great travel experiences for their
passengers. The economic expansion in Hanoi and across Vietnam is
impressive. Vietjet and the country’s burgeoning aviation sector
are enablers, helping to stimulate travel within Vietnam and
connecting Vietnam with the rest of Asia. We are proud to support
this economic development, which in turn supports engineering and
manufacturing jobs in the United States.”
in 2016, Vietjet signed a 100 B737 MAX order, setting the
mark for the largest commercial jet purchase within Vietnam’s
aviation sector at the time and making the airline the largest
purchaser of the B737 MAX model in Asia.
Highlighting Vietjet’s rapid growth, President and CEO Nguyen Thi
Phuong Thao said, “The deal for 100 new airplanes and other
agreements for 200 B737 MAX airplanes today is important moves for
us to meet our international flight network expansion plans with a
higher capacity, offering our passengers exciting opportunities to
fly to new international destinations. This contract signing
ceremony, witnessed by the top leaders of Vietnam and the US on
the occasion of the US-North Korea Summit in Hanoi, will mark a
milestone for the two companies’ growth.”
addition to the aircraft purchases, Boeing will support Vietjet in
enhancing technical and engineering expertise, training pilots and
technicians to improve management capabilities at the airline.
Vietjet’s new partnership with General Electric also
complements the deal with technical support and spare engines to
maintain the airline’s new aircrafts.
value of the signed deals between Vietjet and the US companies
is expected to reach US$18 billion.