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Today at Farnborough International Airshow 2018, the new-age carrier Vietjet signed two big order contracts with two world-leading aircraft manufacturers Boeing and Airbus. Vietjet President & CEO Nguyen Thi Phuong Thao and Kevin McAllister, President & CEO of Boeing Commercial Airplanes represented each side for the signing of 100 B737 MAX aircraft.

Representatives of Vietjet and Boeing signed the new contract with the witness the two companies’ leaders

Accordingly, the new order with Boeing worth USD12.7 billion is aimed at serving the carrier’s development of airline alliances across the Asia Pacific region and worldwide, and further enhance the airline’s fleet synchronization, modernization and fuel efficiency up to 2025. The deal is also expected to increase bilateral trade turnover between Vietnam and the United States, the home of Boeing.

The contract’s signing ceremony was organized this morning at Farnborough International Airshow 2018

Also, Vietjet signed a Memorandum of Understanding with Airbus for the purchase of an additional 50 A321neo single aisle aircraft. The agreement worth USD 6.5 billion was signed by Vietjet Vice President Dinh Viet Phuong and Eric Schulz, Airbus Chief Commercial Officer.Vietjet will use the additional aircraft to meet its development demand and optimize its efficiency and operation range.

Vietjet’s new order will go toward serving the carrier’s development of airline alliances across the Asia Pacific region and worldwide

Vietjet and Airbus has been collaborating in various projects ranging from safety, techniques and operation management. Currently, the Full Flight Simulator located in Ho Chi Minh City under cooperation between Vietjet and Airbus is under way to its final phases and equipment installation which will be ready for operation in this October.

The latest agreement will see the carrier’s backlog of orders for the A320 Family rise to 171 aircraft, including 123 A321neo and other A321ceo. The delivery will be from now until 2025.

Vietjet President & CEO Nguyen Thi Phuong Thao and Kevin McAllister, President & CEO of Boeing Commercial Airplanes represented each side for the signing of this landmark contract