(Hanoi, November 2, 2018) –
New-age carrier Vietjet and Airbus signed purchase agreement for additional 50 A321neo aircraft worth US$6.5 billions according to manufacturer’s list price. The agreement is a step further from the Memorandum of Understanding (MOU) signed by both sides at Farnborough (the UK) previously.
Vietjet President & CEO Nguyen Thi Phuong Thao and Airbus Chief Commercial Officer Christian Scherer represented both parties to sign the contract. The signing was witnessed by Vietnam Prime Minister Nguyen Xuan Phuc and French Prime Minister Édouard Philippe, during his official visit to Vietnam.
“We are honored to be a long-term partner of Vietjet along with the airline’s success and pleased to finalize this new order today,” said Christian Scherer, Airbus Chief Commercial Officer. “The airline’s latest preference for the Airbus product is a testimony to a great endorsement for the A321 in the fast-growing market.”
The new order is to comprehensively realize Vietjet’s growth strategies and enhance the airline’s operation efficiency and capacity to expand its flight network, especially on international routes and serve the carrier’s development of airline alliances across the Asia Pacific region, which sees the fastest aviation growth rate in the world.
The A321neo is incorporated with the latest engines, aerodynamic advances and cabin innovations and offers a reduction in fuel consumption of at least 15 per cent per seat and up to 20 per cent in 2020.
As part of this agreement, Airbus also deploys a series of strategic partnership programs inclusive of trainings for pilots, technicians and engineers; flight management and flight safety management for Vietjet.