Boeing wins US$11.3b order for 100 planes from VietJet
[HANOI] Boeing Co won an order for 100 jets from VietJet Aviation Joint Stock Co, a Vietnamese carrier, in a deal valued at US$11.3 billion based on list price, according to a statement from the airline.
VietJet, which will sign the agreement later today in Hanoi during President Barack Obama's visit to Vietnam.
Delivery of the planes will run for four years beginning in 2019 and will help the carrier expand its fleet to 200 by the end of 2023, the company said in a statement. The airline will purchase the Boeing 737 Max 200 planes.
The low-cost carrier, which started operations in December of 2011, is seeking to expand in a market that's grown 20 per cent annually in the last three years, according to the airline.
BLOOMBERG
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Transport & Logistics
EV automakers get reprieve in US tax credit rules
Abu Dhabi hub carrier Etihad adds banks to US$1 billion IPO
Luminar to cut nearly 20% jobs as part of restructuring
Chinese share of French EV market slumps after incentives curbed
Ferrari unveils US$423,000 sports car with 1960s bloodline
Airbus called for compensation to take on money-losing Spirit operations: sources