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Vietjet orders 30 more A321s

Released at: 11:21, 11/11/2015

Vietjet orders 30 more A321s

Carrier signs new deal with Airbus at Dubai Airshow for delivery to 2020.

by Doanh Doanh

Vietjet Air inked a deal with Airbus at The Dubai Airshow 2015 to purchase 30 additional A321 aircraft (nine A321ceo and 21 A321neo) worth a total of $3.6 billion.

The order reflects the airline’s growth in ticket sales and its network expansion plans.

“Vietjet has grown faster than expected in the last few years and our previous purchasing plans for new aircraft cannot keep up with developing demand,” said Ms. Nguyen Thi Phuong Thao, Vietjet’s President and CEO. “Together with the new aircraft order we will continue to expand our network and customize our services and facilities while still offering the lowest fares in order to make travel easier.”

“This additional order confirms the success of the A320 family as the preferred choice for airlines in the single aisle market,” said Mr. Fabrice Brégier, Airbus President and CEO. “We are delighted Vietjet has once again selected the A321, our largest single aisle aircraft and the perfect partner for the airline’s continued impressive growth.”

The A321neo is the largest addition to Airbus’s best-selling single aisle A320 family. The newly-ordered aircraft will be delivered from late 2016 until 2020 to meet the airline’s network expansion to Asian countries. Eight to 12 neo aircraft will be delivered every year.

During the Dubai Airshow Vietjet also signed a deal with engine manufacturer CFM International to order 15 additional CFM56-5B engines to power its newly-ordered Airbus A321 aircraft.  The agreement is valued at more than $700 million at list price, including spare engines and a long-term service agreement.

CFM International will guarantee maintenance for all CFM56-5B-powered aircraft of the airline’s current and future fleet. Vietjet now has 18 A230 aircraft powered by CFM56-5B engines and operates a fleet of 29 aircraft in total.

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