Vietnam Carriers Sign $6.5 bln 40-Plane Deal


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Vietnam carriers bought 40 airplanes from France’s Airbus. The breakdown of each deal’s value was not specified.

Vietnam carriers bought 40 airplanes worth $6.5 billion from France’s Airbus Tuesday, as President Francois Hollande is visiting the Southeast Asian nation to drum up business ties.

Low-cost private airline VietJet, known for its bikini-clad hostesses, bought 20 planes while national carrier Vietnam Airlines and budget airline Jetstar Pacific bought 10 each in “deals worth 6.5 billion”, Airbus Asia spokesman Sean Lee told AFP.

It did not provide a breakdown of each deal’s value. It is the first deal between French aviation giant Airbus and Jetstar Pacific, which said in July it was planning to buy the 10 single-aisle A320 aircraft.

Vietnam Airlines, which owns a 70 percent stake of Jetstar Pacific, will purchase 10 Airbus A350 planes, according to officials at a signing ceremony attended by Hollande and Vietnamese President Tran Dai Quang in Hanoi. Vietnam’s VietJet said it would buy 20 A321 planes to boost its current fleet of 34 planes, all of which are Airbus.

The VietJet deal comes after it purchased 100 passenger jets from U.S. aircraft maker Boeing for $11.3 billion in May, during a visit by U.S. President Barack Obama.

It called the deal the largest single commercial air plane purchase in Vietnam aviation history.