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Vietnam carriers splurge US$6.5b on Airbus jets

This comes as France's Hollande visits Vietnam to spur business ties

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Published Tue, Sep 6, 2016 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    Hanoi

    VIETNAM airlines bought 40 airplanes worth US$6.5 billion from France's Airbus on Tuesday, as President Francois Hollande visited the communist nation to drum up business ties with one of South-east Asia's fastest-growing economies.

    The deal is the latest move by Vietnamese aviation giants to boost fleets and feed demand from a mushrooming middle class with money to burn on air travel both at home and abroad.

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