The 12-year-long deal, worth USD 3.6 billion, is on supporting 215 engines to power the airline’s fleet, including other technical services, engines and components maintenance. 

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 PM Nguyen Xuan Phuc and entourage receiving officials of the General Electric (GE) Group. Photo: VNA

VietJet’s President and CEO Nguyen Thi Phuong Thao said, “The engines we chose under the deal will help us save up to 15% of fuel consumption with full technical support services, maintenance and training. With this cooperation, the fleet of VietJet will make breakthroughs in increasing quality and credibility of flights while reducing operational cost. We hope that it will help promote trade between the two countries, bringing more jobs to people.” 

Speaking at the signing ceremony, President and CEO of CFM International Gael Meheust affirmed that this deal confirms CFM’s capacity in working with VietJet to realize its long-term development strategy. LEAP of CFM International is the best-selling engine in the history of the world aviation with more than 10,500 orders as of April 2016.

* On this occasion, VietJet and GECAS under GE signed a Memorandum of Understanding on aircraft financing worth USD 1 billion for 10 aircraft that VIetJet ordered from manufacturers. Besides, Vietjet also inked an agreement, worth USD 180 million, with Honeywell Aviation on auxiliary power unit supply and technical maintenance to power the 98 airplanes of the airlines. Altogether VietJet inked deals worth more than USD 4.7 billion.

Translated by Huu Duong