Vietjet, Boeing reach agreement on 200-aircraft contract

N.A. Chairman Vuong Dinh Hue and Boeing’s Senior Vice President Michael Arthur (left)

The agreement was reached during Prime Minister Pham Minh Chinh’s official visit to the U.S. and United Nations for the ASEAN-U.S. Special Summit held in Washington D.C.

Vietjet’s contract with Boeing is one of the significant deals contributing to the countries’ bilateral trade balance and has been forged through three U.S. Presidencies with important strides following diplomatic and economic development milestones between the two countries in the recent years.

In 2016, Vietjet Air ordered 100 Boeing aircraft in the witness of U.S. President Barack Obama during his visit to Vietnam. The deal gained global attention on the impressive innovation of Vietnam’s economy as it was the first time a private airline entered such a huge order with Boeing.

The sides agreed to add a total to 200 airplanes three years later.

Vietjet’s contract with Boeing is one of the significant deals contributing to the countries’ bilateral trade balance. (Photo: qdnd.vn)

This year, Vietjet and Boeing have agreed on the continuation of the agreement after a hiatus due to unexpected events with the Boeing 737 Max and the COVID-19 pandemic. Accordingly, Vietjet will receive Boeing's new generation of 737 aircraft with the new delivery schedule in line with the Vietnamese airline’s development and business strategy.

Source: VNA