Vietjet to ink $13 billion Boeing deal during Trump-Kim summit
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Vietnamese budget airline Vietjet will sign next week a deal to buy 100 narrow-body Boeing aircraft. The signing will take place on the sidelines of the upcoming Trump-Kim summit, sources said. The sources also said Vietjet will finalize next week a provisional deal agreed last year to buy 100 narrow-body Boeing 737 MAX jets worth almost $13 billion at list prices.
The U.S. Federal Aviation Administration (FAA) last week gave Vietnam a Category 1 safety rating, allowing local airlines to operate direct flights to the U.S.
Vietjet, along with other local airlines, had previously expressed interest in operating direct flights to the U.S.
The carrier, the largest private airline in Vietnam, had also signed a deal to buy Boeing 737 MAX narrow-body jets when former U.S. President Barack Obama visited Hanoi in 2016.
It also finalized a deal in November last year with Airbus for 50 A321neo jets during a visit to Hanoi by French Prime Minister Edouard Philippe.
Vietjet currently operates 40 domestic routes and 66 international routes. It has 385 flights daily within Vietnam and to places such as Japan, Hong Kong, South Korea, Taiwan, Singapore, mainland China, Thailand, Myanmar and Malaysia.
Questions & Answers
Q.What kind of aircraft is Vietjet planning to purchase from Boeing and for what approximate value?
What kind of aircraft is Vietjet planning to purchase from Boeing and for what approximate value?
Vietjet plans to buy 100 narrow-body Boeing 737 MAX jets. The provisional deal for these aircraft was worth almost $13 billion at list prices. This finalisation will occur next week.
Q.When did Vietjet previously sign a deal to buy Boeing 737 MAX jets?
When did Vietjet previously sign a deal to buy Boeing 737 MAX jets?
Vietjet previously signed a deal to buy Boeing 737 MAX narrow-body jets in 2016. This agreement was made when former U.S. President Barack Obama visited Hanoi.
Q.Has Vietjet recently acquired aircraft from another manufacturer, and if so, when?
Has Vietjet recently acquired aircraft from another manufacturer, and if so, when?
Yes, Vietjet finalised a deal in November last year with Airbus for 50 A321neo jets. This signing took place during a visit to Hanoi by French Prime Minister Edouard Philippe.
Q.How many routes does Vietjet currently operate both domestically and internationally?
How many routes does Vietjet currently operate both domestically and internationally?
Vietjet currently operates 40 domestic routes within Vietnam. Also, the airline flies 66 international routes to various destinations including Japan, South Korea, and Singapore.
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