Vietnam Airlines to auction three narrow-body aircraft
In this article (5)
Vietnam Airlines is set to auction three narrow-body aircraft Airbus A321CEO at a starting price of $5 million apiece in this quarter.
The three jets were made in 2007 and are currently at Noi Bai International Airport and Tan Son Nhat International Airport.
In 2020 the state-owned carrier sold five Airbus A321 aircraft for $7.4 million apiece.
Selling jets was part of the airline’s plan to restructure its fleet and increase post-pandemic income.
The airline now has a fleet of 94 jets, including 65 A321 jets with an average age of just over 9 years, according to aircraft data provider Planespotters.
Vietnam Airlines served over 10 million passengers in the first half of this year, up 23.6% year-on-year.
Its revenue rose by nearly half to over $1.91 billion, almost the same as in 2019.
Questions & Answers
Q.What type of aircraft are Vietnam Airlines planning to sell?
What type of aircraft are Vietnam Airlines planning to sell?
Vietnam Airlines is planning to auction three narrow-body Airbus A321CEO aircraft. These jets were manufactured in 2007 and are currently located at Noi Bai International Airport and Tan Son Nhat International Airport.
Q.What is the starting price for each of these aircraft?
What is the starting price for each of these aircraft?
Each of the three Airbus A321CEO aircraft has a starting price of $5 million. The auction is scheduled to take place in the current financial quarter.
Q.Why is Vietnam Airlines selling these aircraft?
Why is Vietnam Airlines selling these aircraft?
Selling these jets is part of Vietnam Airlines' strategy to restructure its fleet and boost its income following the pandemic. This aligns with previous sales conducted by the state-owned carrier.
Q.How many passengers did Vietnam Airlines serve in the first half of this year?
How many passengers did Vietnam Airlines serve in the first half of this year?
In the first half of this year, Vietnam Airlines served over 10 million passengers. This represents a significant increase of 23.6% compared to the same period last year, alongside a substantial rise in revenue.
Reader pulse
Is auctioning these aircraft a smart move for Vietnam Airlines?
19,500 votes so far