VietJet Announces Airbus A330neo Deal

VietJet has announced a deal for the Airbus A330neo, with the MoU including 20 A330-900s in the first widebody order from VietJet.

VietJet has announced plans to acquire the A330neo to bolster its widebody fleet by signing a Memorandum of Understanding (MoU) with Airbus.

The contract was announced on Day 3 of the 2024 edition of the Singapore Airshow, which has significantly focused on developments within the Asian side of the industry.

The deal is touted as historic. Once finalised, it’ll be Vietjet’s first widebody order ever placed and will add to their network in several beneficial ways.

VietJet believes adding the A330neo will enable better growth across long-range services. However, there’ll also be a focus placed on enhancing their regional services with a higher capacity aircraft.

VietJet has committed to 20 units, all for the A330-900 with the variant to replace the existing fleet of leased A330-300s. A deal is fantastic for the A330neo program, which continues to build its backlog of orders slowly. However, notably orders for the A330-800 lag.

Data indicates VietJet operates 7 Airbus A330s, with these averaging an age of 11.1 years. Alongside a commitment to the A320 series, these are jointly the oldest within their fleet.

The new A330neo aircraft is a strategic addition to comprehensively modernise Vietjet’s fleet, enhancing operational capabilities to support our global flight network expansion plan. Its fuel-efficient new-generation design aligns with our sustainable development strategy and ESG goals, aiming for net-zero emissions by 2050. With the introduction of the A330neo, passengers can look forward to longer-range, well-equipped flights with excellent services at more competitive fares.

Vietjet Chief Executive Officer Dinh Viet Phuong

Airbus says they’re excited to be now playing an essential role in the long-term future of VietJet and aiding their network expansion.

The A330neo is expected to achieve the lowest operating costs per seat possible and enhance the flying experience across several high-profile routes.

Airbus adds that the upcoming arrival of the A321XLR, which remains on order, will enable new cities to be within reach while helping the company move towards far more efficient aircraft.

Daniel Fowkes
22 Feb 2024
· Aircraft 
· Airlines 

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