Novus has releases this statement:

Global aircraft leasing and financing company Novus Aviation Capital and new-age carrier Vietjet Air have signed a Memorandum of Understanding (MoU) for the financing and leasing of 10 aircraft over the next 18 months. The investment is valued at approximately $1.3 billion at list price, encompassing a combination of operating and finance leases. The aircraft will be a mix of single aisle aircraft from Vietjet’s order book.

The new deal comes shortly after Vietjet took delivery of its fifth aircraft through Novus, an Airbus A321neo, growing its fleet to 68 aircraft at an average age of 2.8 years. Currently, Vietjet operates around 400 flights daily, carrying more than 80 million passengers to date, with 119 routes covering destinations across Vietnam and international destinations such as Japan, Hong Kong, Singapore, South Korea, Taiwan, mainland China, Thailand, Myanmar, Malaysia, Indonesia and Cambodia.

Boeing and Vietjet confirmed that the innovative and growing Vietnamese carrier has purchased 100 additional 737 MAX airplanes, taking their MAX order book to 200 jets. During a signing ceremony today in Hanoi, United States President Donald Trump and Vietnamese Communist Party General Secretary and President Nguyen Phu Trong joined leaders of both companies to unveil the $12.7 billion order, according to list prices.

The deal includes 20 MAX 8s and 80 of the new, larger MAX 10 variant, which will have the lowest seat-mile costs for a single-aisle airplane and be the most profitable jet in its market segment. The order was previously unidentified on Boeing’s Orders and Deliveries website.

In ordering 80 MAX 10s, Vietjet becomes the largest Asian customer of the airplane type. The carrier plans to use the added capacity to meet growing demand across Vietnam, as well as to serve popular destinations throughout Asia.

“The deal for 200 Boeing 737 MAX airplanes today is an important move for us to keep up with our international flight network expansion plan with a higher capacity, thus offering our passengers with more exciting experiences when being able to fly to more new international destinations,” said Madam Nguyễn Thị Phương Thảo, President and CEO of Vietjet. “I believe that our fleet will have breakthroughs thanks to new-generation technologies, which helps improve flight quality and enhance operational reliability, while reducing operating costs in the future. Passengers will then have more opportunities to fly with reasonable fares. The contract signing ceremony, which is witnessed by the top leaders of Vietnam and the US on the occasion of the US-North Korea Summit in Hanoi, will mark a milestone in the two companies’ growth path.”

Vietjet placed its first order for 100 737 MAX airplanes in 2016, which set the mark for the largest commercial jet purchase in Vietnam’s aviation sector at the time.

In addition to airplane purchases, Boeing will partner with Vietjet to enhance technical and engineering expertise, train pilots and technicians, and improve management capabilities at the airline and in Vietnam.

The carrier also uses Boeing’s digital solutions to optimize its operations, including flight planning and Tech Log Book.

Image: Boeing.

Vietjet has signed a Memorandum of Understanding (MOU) with Airbus for the purchase of an additional 50 A321neo single aisle aircraft. The agreement was announced at the Farnborough Air Show today by Vietjet Vice President Dinh Viet Phuong and Eric Schulz, Airbus Chief Commercial Officer.

The latest agreement will see the carrier’s backlog of orders for the A320 Family rise to 129 aircraft, including 123 A321neo and 6 A321ceo. Vietjet will use the additional aircraft to meet growing demand for its services on both its domestic and international networks.

Vietjet first took to the skies in 2011 and now operates an all-Airbus fleet currently comprising 59 A320 Family aircraft. The carrier’s route network already spans the whole of Vietnam and some 30 destinations across Asia.

Image: Airbus.

Boeing and VietJet signed a Memorandum of Understanding (MOU) today at the 2018 Farnborough International for an additional 100 737 MAX airplanes. The agreement, which includes 80 737 MAX 10s and 20 737 MAX 8s, is valued at more than $12.7 billion at current list prices.

The Vietnamese low-cost carrier will become the largest MAX 10 customer in Asia once the deal is completed. VietJet plans to leverage the added capacity of the MAX 10 to satisfy surging demand on high-dense domestic routes, as well as on popular destinations throughout Asia.

As part of the agreement, Boeing would partner with VietJet to enhance technical and engineering expertise and the training of pilots and technicians in Vietnam, helping to further develop the commercial aviation ecosystem in the growing country. Boeing will also support VietJet in improving management capabilities at the airline and in the country.

VietJet is Vietnam’s first privately-owned airline and is also the first low-cost carrier in the country. The airline is in the midst of bolstering its world-class fleet with highly efficient and capable airplanes that will allow for expansion of its regional network.

In 2016, VietJet finalized an order for 100 high-capacity 737 MAX 8 airplanes, which set the mark for the largest-ever single commercial airplane purchase in Vietnamaviation.

The deal will be reflected on Boeing’s Orders and Deliveries website once it is finalized.

The 737 MAX family achieves superior fuel efficiency and range through the latest CFM International LEAP-1B engines, Advanced Technology winglets, and other improvements. The jet also features the signature Boeing Sky Interior and large flight deck displays.

All images by Boeing.