Industry Vietjet orders 100 Boeing 737 MAX

Throughout an official visit from United States´ president Donald Trump, Vietnamese president Nguyen Puh Trong announced that carrier Vietjet would order 100 Boeing 737 MAX aircraft.

A signing ceremony was held in Hanoi, where both leaders witnessed the signing of the contract. According to current list prices, the deal is valued at approximately US$ 12.7 billion. The order includes 20 MAX 8s and 80 aircraft of the MAX 10 variant. In 2016, Vietjet placed its first order for 100 737 MAX aircraft.

Vietjet is now set to become Asia´s largest operator of the MAX 10 variant. The aircraft will help the carrier to meet the growing demand in Vietnam. Moreover, the airline hopes to operate the MAX 10 to destinations across Asia.

"The deal for 200 Boeing 737 MAX aeroplanes today is an important move for us to keep up with our international flight network expansion plan with a higher capacity, thus offering our passengers with more exciting experiences when being able to fly to more new international destinations," said Madam Nguyễn Thị Phương Thảo, President and CEO of Vietjet.

Boeing Commercial Airplanes President & CEO Kevin McAllister added: "We are pleased to expand our partnership with Vietjet and to support their impressive growth with new, advanced aircrafts such as the 737 MAX. We are confident the MAX will help Vietjet grow more efficiently and provide great travel experiences for their passengers."

Thảo concluded: "I believe that our fleet will have breakthroughs thanks to new-generation technologies, which helps improve flight quality and enhance operational reliability while reducing operating costs in the future. Passengers will then have more opportunities to fly with reasonable fares. The contract signing ceremony, which is 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 in the two companies´ growth path."

Vietjet is a low-cost airline from Vietnam. The carrier was founded in November 2007 and commenced operations in December 2011. The current fleet consists of 23 Airbus A320s and 41 A321s. Last year, Vietjet took delivery of seven state-of-the-art A321neos. Subsidiary airline Thai Vietjet Air is flying with five A320s and two A321s.