Vietnam’s Vietjet to order 100 Airbus

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Vietjet planeVietnamese low-cost airline Vietjet will reportedly place an order for as many as 100 Airbus jets worth up to $10 billion, sources familiar with the discussions said, according to a Reuters report.

A French government source said the provisional deal, to be signed in front of visiting Vietnamese Prime Minister Nguyen Tan Dung in Paris on September 25, would set the stage for 60 firm orders for medium-haul aircraft as well as options for 30 to 40 more.

The package was still being fine-tuned and could involve between 92 and 100 A320 or A321 single-aisle aircraft, including both current and future versions. If confirmed, the deal would be the latest mega order from Asia’s budget carriers for Airbus and Boeing aircraft.

Industry experts say Vietjet has ambitious expansion plans and hopes to duplicate the success of low-cost giants AirAsia of Malaysia and Lion Air of Indonesia. Those airlines have both recently signed record orders.

Meanwhile Vietjet has signed a joint venture in Thailand and is in talks for another in Myanmar.

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Reading Time: 1 minute

Vietnamese low-cost airline Vietjet will reportedly place an order for as many as 100 Airbus jets worth up to $10 billion, sources familiar with the discussions said, according to a Reuters report.

Reading Time: 1 minute

Vietjet planeVietnamese low-cost airline Vietjet will reportedly place an order for as many as 100 Airbus jets worth up to $10 billion, sources familiar with the discussions said, according to a Reuters report.

A French government source said the provisional deal, to be signed in front of visiting Vietnamese Prime Minister Nguyen Tan Dung in Paris on September 25, would set the stage for 60 firm orders for medium-haul aircraft as well as options for 30 to 40 more.

The package was still being fine-tuned and could involve between 92 and 100 A320 or A321 single-aisle aircraft, including both current and future versions. If confirmed, the deal would be the latest mega order from Asia’s budget carriers for Airbus and Boeing aircraft.

Industry experts say Vietjet has ambitious expansion plans and hopes to duplicate the success of low-cost giants AirAsia of Malaysia and Lion Air of Indonesia. Those airlines have both recently signed record orders.

Meanwhile Vietjet has signed a joint venture in Thailand and is in talks for another in Myanmar.

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