Vietjet and Airbus ink deal for 20 A330neo aircraft valued at US$7.4 billion at Farnborough Airshow

Vietjet and Airbus ink deal for 20 A330neo aircraft valued at US$7.4 billion at Farnborough Airshow

Kuala Lumpur, 23 July 2024 – Vietjet and Airbus have officially signed a contract for the purchase of 20 new-generation wide-body A330neo (A330-900) aircraft, valued at US$7.4 billion (approximately RM34.62 billion) at the manufacturer’s list price, at the Farnborough International Airshow 2024. The contract signing ceremony was witnessed by Vietjet Chairwoman, Dr. Nguyen Thi Phuong Thao, and Airbus CEO of the Commercial Aircraft Business, Christian Scherer.

This deal represents one of the largest at this year’s Airshow. The newly ordered aircraft will be deployed for Vietjet’s growing long-haul services as well as on routes with high demand in the region. They are slated to replace Vietjet’s current fleet of A330-300s and support the airline’s strategic plan to expand its intercontinental flight network.

Vietjet’s Chairwoman, Dr. Nguyen Thi Phuong Thao remarked at the signing ceremony: “The new A330neo aircraft strategically enhance Vietjet’s fleet development, boosting the airline’s operational capacity to support its global expansion. The introduction of advanced, fuel-efficient A330neo aircraft into Vietjet’s fleet is part of our sustainable development strategy and ESG goals, aiming for net-zero emissions by 2050. Passengers will soon enjoy safer, more comfortable, and modern long-haul flights. Airbus planes have enabled Vietjet to bring cost-effective flying opportunities to over 200 million passengers, including many first-time flyers, connecting people, nations, and continents, promoting economic development and cultural exchange.”

“We are pleased to finalize this milestone order with one of Asia’s fastest-growing carriers,” said Benoît de Saint-Exupéry, Executive Vice President Sales, Airbus Commercial Aircraft. “This is another vote of confidence in the latest generation Airbus widebody product line. It demonstrates the tremendous versatility of A330neo for all types of business models and networks from domestic and regional to long-haul routes. The award-winning Airspace cabin also enables airlines to provide the best flight experience for passengers, fully adaptable to each business model. This will be the perfect platform for Vietjet Air to fly more people, farther and at a lower cost, while also reducing fuel consumption and carbon emissions.”

The A330neo features an award-winning Airspace cabin, setting new standards in comfort, space, and design, and providing passengers with a unique flying experience. This includes a new lighting system, bigger overhead bins, and access to the latest in-flight entertainment and connectivity systems. Powered by the latest generation Rolls-Royce Trent 7000 engines, the A330-900 is capable of flying 7,200 nm / 13,300 km non-stop.

Vietjet, operating a fleet of more than 105 aircraft and experiencing continuous growth in passenger volume, is vigorously expanding its international flight network. Among its prominent routes is the daily service linking Kuala Lumpur with Ho Chi Minh City, Vietnam’s largest metropolis. This route offers Malaysian travellers convenient transit options, facilitating exploration of Vietnam’s top destinations and other popular tourist spots across the Asia-Pacific region.

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