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Vietjet signs MoU with Safran Aircraft Engines

Released at: 10:38, 28/03/2018

Vietjet signs MoU with Safran Aircraft Engines

Photo: Vietjet

Safran to support Vietjet in fleet management, training, R&D, technical management, and maintenance support.

by Linh San

Vietjet Air signed a strategic cooperation agreement with Safran Aircraft Engines on March 27 during the visit to France by Communist Party of Vietnam General Secretary Nguyen Phu Trong.

Safran will support Vietjet in fleet management services, training, R&D programs, including fuel efficiency, technical management, and helping to set up regional-level maintenance support capabilities.

“Today’s agreement marks a new milestone in the strategic partnership between Vietjet and Safran,” Vietjet Vice President Dinh Viet Phuong said at the signing ceremony. “We are convinced that new engines will improve our operational capability, enabling us to fulfill our long-term development strategy in the global market and better our services. We also believe the new agreement will contribute positively to economic and trade exchanges between Vietnam and France and create more jobs in the two countries.”

“We are very pleased to be an integral part of Vietjet Air’s long-term growth strategy,” said Mr. Philippe Couteaux, Senior Vice President, Sales & Marketing at Safran Aircraft Engines and CFM. “The MoU is in line with our recent commercial agreements with Vietjet Air and also reflects the mutual trust between the airline and Safran Aircraft Engines and CFM. Vietjet Air selected us because of our recognized expertise and experience in support services.”

While in France, Vietjet leaders also inked a finance agreement with GECAS France on purchasing and leasing six A321neo aircraft, worth $800 million.

Vietjet is the first airline in Vietnam to operate as a new-age airline, with low-cost and diversified services to meet customer demands. It provides not only transport services but also uses the latest e-commerce technologies to offer various products and services to consumers. 

It is a member of the International Air Transport Association (IATA) and has IATA Operational Safety Audit (IOSA) certification. The airline was also named one of the Top 500 Brands in Asia 2016 by global marketing researchers Nielsen, Best Asian Low Cost Carrier at the TTG Travel Awards 2015, which compiles votes from travelers, travel agencies and tour operators in throughout Asia, and Asia’s Best Employer Brand by the Employer Branding Institute and World HRD Congress for many years. The airline was also rated as one of the top three fastest growing airline brands on Facebook in the world by Socialbakers.

It currently boasts a fleet of 55 aircraft, including A320s and A321s, and operates 385 flights each day. It has already transported more than 55 million passengers on a network of 82 routes in Vietnam and across the region to international destinations such as Thailand, Singapore, South Korea, Taiwan, Hong Kong, Mainland China, Malaysia, Indonesia, Myanmar and Cambodia.

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