Agreements on engines, services, and training signed at Singapore Airshow 2016.
Vietjet Air signed three important deals with partners during the Singapore Airshow 2016.
Among these was a $3.04 billion agreement with Pratt & Whitney on purchasing PurePower Geared Turbofan™ (GTF) engines to power their order of 63 Airbus A320neo and A321neo aircraft. According to Ms. Nguyen Phuong Thao, Vietjet’s President and CEO, with its advanced design providing fuel efficiency and lower CO2 emissions the new engines are expected to boost the carrier’s efficiency and protect the environment as well as enable it to offer passengers more affordable airfares.
Vietjet also agreed to terms with SR Technics from Switzerland for Component and Maintenance Services on its A320 fleet, in a deal worth $60 million. The contract marks a milestone in the relationship between the two companies, following the success of CFM56-5B Engine Services initiated in early 2015.
Speaking at the signing ceremony, SR Technics’ interim CEO Mr. Jeremy Remacha commented: “This agreement further enhances our commitment and demonstrates the continued confidence that both organizations have in each other. We thank Vietjet for their trust in SR Technics and believe that Vietjet will continue to gain great success in the future.”
An agreement was also signed with Airbus to establish an A320/A321 Flight & Maintenance Training Center in Ho Chi Minh City, focusing on training pilots, engineers, mechanics, flight dispatchers, and flight trainers.
Located in Ho Chi Minh City, the center will host an Airbus A320 Full-Flight Simulator to conduct flight crew training for its A320 fleet. Airbus will also provide maintenance training services via its training media and courseware, including dynamic trainers and teaching techniques. These will be delivered within the Airbus Competence Training (ACT) classroom concept, while bringing Airbus’s and EASA’s standards to the Vietjet Training Center.
With this agreement Vietjet becomes the first airline in Vietnam to collaborate with Airbus over an A320 fleet flight and maintenance training center, which is to be one of Airbus’s training legs in the Asia-Pacific region.