Air Freight News

Airbus, VietJet sign $7.4 billion aircraft purchase contract

VietJet Aviation Joint Stock Co., Vietnam’s only private airline, signed a purchase contract with Airbus Group SE for 20 A330neo widebody aircraft, worth $7.4 billion at current list price, according to an emailed statement from VietJet.

The contract, signed on Monday at the Farnborough International Airshow in England, will help boost “VietJet’s growing long-haul services as well as on routes with high demand in the region” around Vietnam, according to the statement.

The planes are “slated to replace VietJet’s current fleet of A330-300 and support the airline’s strategic plan to expand its intercontinental flight network,” it said.

Bloomberg
Bloomberg

{afn_job_title}

© Bloomberg
The author’s opinion are not necessarily the opinions of the American Journal of Transportation (AJOT).

Similar Stories

Biden-Harris administration announces more than $2 Billion in grants to improve airport infrastructure across the U.S.

Today, the U.S. Department of Transportation’s Federal Aviation Administration (FAA) announced $1.9 billion for 519 grants in 48 states, Guam, Marshall Islands, Micronesia, Northern Mariana Islands, Puerto Rico, and the…

View Article
https://www.ajot.com/images/uploads/article/WestJet_Cargo_plane_1.jpg
The WestJet Group furthers future growth with the addition of three more Boeing 737 MAX 8 aircraft
View Article
https://www.ajot.com/images/uploads/article/Aurrigo-International_Cincinnati-Northern-Kentucky-International-Airport_ADT-at-CVG.jpg
Aurrigo International marks ‘Labor Day’ with launch of new office at Cincinnati/Northern Kentucky International Airport
View Article
https://www.ajot.com/images/uploads/article/Antonov_Loading-oil-and-gas-equipment-at-SVG.jpg
Antonov Airlines delivered critical oil and gas equipment from Norway to Singapore
View Article
https://www.ajot.com/images/uploads/article/Lufthansa-Cargo_Frankfurt-Airport.jpg
Lufthansa Cargo invests in the future of airfreight at Frankfurt Airport
View Article
https://www.ajot.com/images/uploads/article/JetBlue_tail.jpg
Florida entrepreneur discusses JetBlue board seat as stake nears 10%
View Article