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"Farnborough" (2). Boeing. VietJet sign agreement for 100 B-737 MAX aircraft

Deal to double Vietnamese carrier's 737 MAX fleet to 200 units

Boeing and VietJet signed a Memorandum of Understanding today at the "Farnborough International  Airhsow 2018" (July 16-22) for an additional 100 B-737 MAX airplanes. The agreement, which includes 80 B-737 MAX 10s and 20 B-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. The airline 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. The industry will also support the airline in improving management capabilities at the carrier and in the country.

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 Vietnam aviation", according to the industry.

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