VietJet signed a Memorandum of Understanding with Airbus to acquire 100 Airbus A321neo aircraft, with options for an additional 50 aircraft. As the largest private airline in Vietnam and an existing Airbus operator with a fleet of more than 100 Airbus aircraft, the choice of Airbus was logical for fleet expansion as the carrier grows in additional markets.. VietJet CEO Dinh Viet Phuong and Airbus EVP Sales for Commercial Aircraft Benoît Saint-Exupéry signed the agreement today at the Paris Air Show.
“This new agreement marks a significant milestone in our strategic partnership with Airbus,” said the carrier’s Chairwoman Nguyen Thi Phuong Thao. “These modern and efficient aircraft have been instrumental in Vietjet’s growth, helping us make air travel more accessible and affordable for millions, while strengthening our role as a connector for economic development, cultural exchange and global connectivity. This landmark agreement represents a vital step in Vietjet’s growth strategy as a multi-national aviation group.”Â
“Our latest agreement comes just weeks after the airline placed an additional order for A330neo widebody aircraft,” said BenoĂ®t de Saint-ExupĂ©ry. “Together the A321neo and A330neo will be perfect partners for Vietjet to continue to spread its wings, efficiently matching capacity more closely to demand across its network. The airline will also benefit from the high levels of technical commonality that are unique to latest generation Airbus aircraft.” Â
The Bottom Line
The rapidly growing air travel market in Southeast Asia requires larger and more efficient aircraft. Â The A321neo, with both capacity and range, is ideal for linking additional cities in the region as VietJet expands its route network.
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