VietjetAir finalises major A320 Family order

Airline to develop with more than 100 Airbus single aisle aircrafts

(Singapore, 11 February 2014) - Vietnam’s VietjetAir has finalised a major order for the A320 Family to meet its future expansion plans. The purchase agreement covers firm orders for 42 A320neo, 14 A320ceo and 07 A321ceo, plus 30 purchase rights. In addition the airline will lease 07 (seven) more A320 Family aircraft from third party lessors. The order of 63 aircraft valued at USD 6,4 billion, and the purchasing agreement of 100 aircrafts valued at USD 9,1 billion. The first aircrafts of this contract will be delivered within this year. This is the next step of the agreement which was signed on September 2013 in Paris under the distinguished witness of The Prime Minister of the Socialist Republic of Vietnam Nguyen Tan Dung and the Prime Minister of the Republic of France, Mr. Jean-Marc Ayrault.

The ceremony was solemnly held in the framework of EU-ASEAN Aviation Summit and Singapore Airshow 2014. The order was finalised today at the Singapore Airshow by Ms. Nguyen Thi Phuong Thao, Vice Chairwoman and CEO, VietjetAir and Mr. Fabrice Brégier, President and CEO, Airbus. The signing was witnessed by Dinh La Thang, Minister of Transport of Vietnam, Le Luong Minh, Secretary General of ASEAN.

“The A320 has proven to be efficient in service with VietjetAir and is a favorite with our passengers”, said Luu Duc Khanh, Managing Director of VietjetAir. “Based on this experience, we look forward to developing our business across the Asia-Pacific region. Airbus will be our strategic partner and provide us with the most economic and comfortable aircraft and coordinate with VietjetAir in relevant training programs.”

"We are pleased to finalise our first purchase agreement with VietjetAir”, said Fabrice Brégier, President and CEO, Airbus. “This order reinforces the A320 Family‘s position as the preferred choice in the single aisle market, both for full service and low cost carriers. We look forward to working with VietjetAir as it brings ever more affordable air travel to the fast growing South East Asian market.”

Souvenir exchange between Ms. Nguyen Thi Phuong Thao, Vice Chairwoman and CEO, VietjetAir and Mr. Fabrice Brégier, President and CEO, Airbus.

Singapore Airshow, one of the world's largest civil military airshow, is held every two years. This year's airshow will take place from 11st to 16th Feb 2014 at Changi International Airport of Singapore.

Some photos of Singapore Airshow: