Sign up | Log in



PR Today

Home >> Press Release

Boeing and Vietjet finalize Vietnam’s largest evercommercial airplane purchase

His Excellency Mr. Tr?n ??i Quang, President of the Socialist Republic of Vietnam, President Barack Obama witness historic event which includes an order of 100 737 MAX 200s

(Bangkok, May 23, 2016) - Vietjet Aviation Joint Stock Company and Boeing [NYSE: BA] have finalized an order for 100 737 MAX 200 airplanes, the largest ever single commercial airplane purchase in Vietnamese aviation history. His Excellency Mr. Tr?n ??i Quang, President of the Socialist Republic of Vietnam, and U.S. President Barack Obama witnessed the historic agreement, valued at approximately $11.3 billion at current list prices. The signing ceremony conducted by Vietjet President and CEO, Nguy?n Th? Ph??ng Th?o, and Boeing Commercial Airplanes President and CEO, Ray Conner, took place at the Presidential Palace in Hanoi, at approximately 11:40 a.m. local time.

The order is key to Vietjet’s simultaneous regional and international expansion strategies. Already the airline has grown its fleet and added many new routes to connect international airports to popular, convenient and up-and-coming destinations in Vietnam.

At the signing ceremony, President & CEO of Vietjet, Nguyen Thi Phuong Thao, ?said,  "Vietjet is efficiently operating a fleet of narrow body airplanes. Our investment in a fleet of B737 Max 200 will accommodate our strategy of growing Vietjet's coming international route network including long haul flights. Through this Agreement, Vietjet will contribute increasing bilateral trade turnover between Vietnam and the United States, as well as contributes in the integration and development of the aviation industry in Vietnam.”

“Boeing is proud to again play an integral role in advancing Vietnam’s aviation industry,” shared Mr. Ray Conner, Boeing Commercial Airplanes President. “We’re honored to be joined by President Tr?n ??i Quang and President Obama for this historic milestone; an order of 100 737 MAX airplanes. Incorporating the latest design and technology features, the highly efficient 737 MAX will provide Vietjet’s growing network with market-leading economics (20 percent lower fuel use per seat than the first of the Next-Gen 737s), a superior passenger experience, and will contribute significantly to their future success.”

The airplanes in this purchase will be delivered to Vietjet from 2019 until 2023 for supporting Vietjet to continuously extend its domestic network, as well as intensify its international network options in the region. This agreement helps Vietjet increase its fleet to more than 200 aircraft by the end of 2023 with the most modern and advanced technology in the world serving passengers of the new-age airline.

At the same signing ceremony today, Vietjet also signed an agreement with Pratt & Whitney of United Technologies Corp. for the supply of aircraft engines to power the airline’s recent order of Airbus A320NEO and A321NEO aircraft, as well as for the provision of technical and maintenance service for this fleet.

His Excellency Mr. Tr?n ??i Quang President of the Socialist Republic of Vietnam, and U.S. President Barack Obama along with the delegations of both countries’ government leaders witnessed the agreement signed by Vietjet Vice President Dinh Viet Phuong and Pratt & Whitney’s Vice President of Sales, Mary Ellen Jones. The agreement is valued at USD3.04 billion.

Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
Online Ad Rates

Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below

Today's  Stories                           May 27, 2016 Subsribe Now !
• Foreign investors are interested in opening up VN theatre businesses Subcribe: Asean Affairs Global Magazine
• New firm seeks to enter gold trading
• Metro Q4 net profit plummets nearly 85% to S$1.1m
Research Reports
on Thailand 2007-2008

• Textiles and Garments Industry
• Coffee industry
• Leather and footwear industry
• Shrimp industry

• Deal to help VN textile companies go global 
Electricty Rates Spike in Laos, the 'Battery' for Southeast Asia
Asean Analysis                  May 13, 2016
• Asean Analysis May 13, 2016
Fully Lifting the U.S. Lethal Arms Ban Will Add Momentum to U.S.-Vietnam Relations
Advertise Your Brand

Asean Stock Watch  May 26, 2016
• Asean Stock Watch-May 26, 2016
The Biweekly Update
• The Biweekly Update  May 13, 2016

ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent
• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore • Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline • Vietnamese PM projects 10-year socioeconomic plan


This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

Our Products | Work with us | Terms of Use | Site Map | Privacy Policy | Refund Policy | Shipping/Delivery Policy | DISCLAIMER |

Version 5.0
Copyright © 2007-2015 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand