50 SKY SHADES - World aviation news

Boeing, Vietjet Finalize Vietnam’s Largest Ever Commercial Airplane Purchase

Download: Printable PDF Date: 23 May 2016 07:06 (UTC) categories:
Publisher:
Boeing, Vietjet Finalize Vietnam’s Largest Ever Commercial Airplane Purchase - Manufacturer publisher
Tatjana Obrazcova
Country: United States Aircraft: Airplanes

His Excellency Mr. Trần Đại Quang, President of the Socialist Republic of Vietnam, President Barack Obama witness historic event

Order includes 100 737 MAX 200s

VietJet Aviation Joint Stock Company and Boeing  have finalized an order for 100 737 MAX 200 airplanes, the largest ever single commercial airplane 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, at approximately 11:40 a.m. local time.

"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 airplanes 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 airplanes by the end 2023, with the most modern and advanced technology in the world. 

“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.” 

The 737 MAX incorporates the latest technology CFM International LEAP-1B engines, Advanced Technology winglets and other improvements to deliver the highest efficiency, reliability and passenger comfort in the single-aisle market. The new single-aisle airplane will deliver 20 percent lower fuel use than the first Next-Generation 737s and the lowest operating costs in its class – 8 percent per seat less than its nearest competitor. To date, the 737 MAX has accumulated 3,098 orders from 65 customers around the world.





Recommended

airBaltic files first monthly operating reports with U.S. court and publishes preliminary unaudited financial information

Air Baltic Corporation AS , Latvia’s national airline and the leading carrier in the Baltic States, announced that airBaltic and its subsidiaries participating in the voluntary Ch...

Elevating Nevis: Premier Mark Brantley on aviation, tourism and economic transformation

Few infrastructure projects have the potential to reshape an island's future quite like the ongoing transformation of Nevis Airport. To gain deeper insight into this ambitious development and the...

Gulfstream expands performance analytics capabilities to enhance aircraft operational efficiency

Gulfstream Aerospace has enhanced the capabilities of its Customer Support Performance Analytics program, further strengthening its ability to transform aircraft data into actionable insight...

Bombardier marks 40 years of Smart Services programs at NBAA-BACE 2026 in Las Vegas

Bombardier marked the 40th anniversary of its industry-leading Smart Services cost-per-flight-hour programs, which today support more than 1,500 enrolled aircraft and account for over 11 mil...

Android Apps development in Riga, Latvia