Hanoi based VietJet have announced a record order of 100 Boeing B737 MAX 200s at a list price of $11.3billion. This order makes this the biggest aircraft order in Vietnamese Aviation history.
“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,” said Madam Nguyễn Thị Phương Thảo during the signing. “Through this agreement, Vietjet will contribute increasing bilateral trade turnover between Vietnam and the United States, as well as the integration and development of the aviation industry in Vietnam.”
The aircraft are expected to be delivered between 2019 and 2023 respectively. Boeing’s Conner had this to say about this record order:
“Boeing is proud to again play an integral role in advancing Vietnam’s aviation industry. We’re honored to be joined by President Quang and President Obama for this historic milestone and order of 100 737 MAX 200 airplanes,” said Conner. “Incorporating the latest design and technology features, the highly efficient 737 MAX 200 will provide Vietjet’s growing network with market-leading economics, a superior passenger experience and contribute significantly to their future success.”
The 737 MAX incorporates the latest technology CFM International LEAP-1B engines, Advanced Technology winglets and other improvements to deliver the highest efficiency, reliability and passenger comfort in the single-aisle market. The new single-aisle airplane will deliver 20 percent lower fuel use than the first Next-Generation 737s and the lowest operating costs in its class – 8 percent per seat less than its nearest competitor. To date, the 737 MAX has accumulated 3,098 orders from 65 customers around the world.
The fuel efficiency on the Boeing B737 MAX 200 will benefit VietJet as they will be able to maintain and expand on their low-cost model. They have a similar model to that of Ryanair as they are aiming to use just 1 manufacturer over the next 10 years to streamline costs.