FARNBOROUGH: VietJet commits to another 100 737s

Starting day three of the Farnborough Air Show is Boeing with a memorandum of understanding from VietJet for 100 737 MAX aircraft.

The deal, worth $12.7 billion at list prices, consists of 80 737 MAX 10s and 20 737 MAX 8s of the high capacity variant.

Once the deal is firmed, VietJet will become the largest 737 MAX 10 operator in Asia.

VietJet has 100 MAX 200s and 72 A321neos on order so this memorandum of understanding comes as no surprise as the low cost market in Asia is growing rapidly.

In addition, the agreement covers engineer and pilot training as well as Boeing supporting the airline in improving management capabilities at the airline and in the country.

Madam Nguyễn Thị Phương Thảo, President and CEO of VietJet, expressed her commitment to the type in the following statement:

“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.”

Stick around for all the coverage of the Farnborough Air Show.