Vietjet, Boeing sign US$ 12.7b deal

- A Monitor Report 01 Aug, 2018  |    -      +
Farnborough : Vietnam's new-age carrier Vietjet and Boeing Commercial Airplanes recently signed an order contract for 100 B737 MAX aircraft worth a total of US$12.7 billion at the Farnborough International Airshow 2018.

Representing both companies for the signing of the landmark contract at one of the world's premiere aviation events was Nguyen Thi Phuong Thao, President and CEO, Vietjet and Kevin McAllister, President and CEO, Boeing Commercial Airplanes.

Vietjet's new order will go towards serving the carrier's development of airline alliances across the Asia Pacific region and worldwide, and further enhance the airline's fleet synchronisation, modernisation and fuel efficiency up to 2025. The deal is also expected to increase bilateral trade turnover between Vietnam and the United States, the home of Boeing.

"We are honoured to deepen our strong partnership with Vietjet as they become our newest B737 MAX 10 customer. The agreement for a repeat order from Vietjet validates the best-in-class capabilities of the B737 MAX family of airplanes," said Kevin McAllister, President and CEO, 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 development potential."

As part of this contract, Boeing Commercial Airplanes has committed to deploying a series of strategic partnership programmes to develop modern aviation service ecology in Vietnam, inclusive of Maintenance, Repair and Overhaul (MRO), training for pilots, technicians, engineers, and more, as well as special programmes for enhancing the management and automation capabilities for airlines in Vietnam and the Vietnam aviation industry as a whole.

Also on Bangladesh Monitor

Top