Vietjet Goes for the Boeing 737-MAX

Vietjet, low cost airline, Vietnam

Vietjet confirmed recently during the Farnborough International Air Show to add 100 Boeing 737-MAX. The airline already ordered 100 similar aircraft back to 2016. Once delivered, Vietjet will be the biggest operator of the B737-MAX in Asia.

Boeing and Vietjet signed a Memorandum of Understanding today at the 2018 Farnborough International for an additional 100 737 MAX airplanes. The agreement, which includes 80 737 MAX 10s and 20 737 MAX 8s, is valued at more than US$12.7 billion at current list prices.

The Vietnamese low-cost carrier will become the largest MAX 10 customer in Asia once the deal is completed. Vietjet plans to leverage the added capacity of the MAX 10 to satisfy surging demand on high-dense domestic routes, as well as on popular destinations throughout Asia.

“We are excited to introduce Boeing’s newest 737 MAX 10 into our rapidly growing fleet. These new airplanes will fit perfectly into our growth strategy, providing the efficiency and range for Vietjet to expand its route network and offer more international destinations for our customers and expand alliances across Asia Pacific, the fastest growing aviation market in the world,” said Madam Nguyễn Thị Phương Thảo, President and CEO of Vietjet.

As part of the agreement, Boeing would partner with Vietjet to enhance technical and engineering expertise and the training of pilots and technicians in Vietnam, helping to further develop the commercial aviation ecosystem in the growing country. Boeing will also support Vietjet in improving management capabilities at the airline and in the country.

Back to 2016, the Vietnamese low cost carrier finalized an order for 100 high-capacity 737 MAX 8 airplanes, which set the mark for the largest-ever single commercial airplane purchase in Vietnam aviation.

“We are honoured to deepen our strong partnership with Vietjet as they become our newest 737 MAX 10 customer. Today’s agreement for a repeat order from Vietjet validates the best-in-class capabilities of the 737 MAX family of airplanes,” said Kevin McAllister, president and CEO of Boeing Commercial Airplanes. “This agreement also grows Boeing’s presence and partnerships across Asia Pacific, developing win-win partnerships in a region with tremendous development potential.”

The 737 MAX family achieves superior fuel efficiency and range through a range of improved technologies. The jet also features the signature Boeing Sky Interior and large flight deck displays.

The 737 MAX 10 is the largest variant in the family. At 43.8 m long, the airplane can seat a maximum of 230 passengers and offer airlines the lowest seat-mile cost ever in a single-aisle aircraft. The 737 MAX is the fastest-selling airplane in Boeing history, accumulating nearly 4,700 orders from more than 100 customers worldwide.

In another development, the airline announced to launch this winter a second route to Japan. The carrier will start flying from Ho Chi Minh City to Osaka Kansai on a daily basis from December 14. The flight will be served by an Airbus A321. A couple of weeks ago, the carrier revealed to launch from November 8 a daily service from Hanoi to Kansai airport.