Boeing signs $11.3B contract with VietJet Air

 

Just as the speculations were getting heated about Boeing’s stocks falling in value, the American multinational corporation signed an $11.3B contract with VietJet. The Vietnamese budget airline VietJet Air is looking for a replacement for its aging fleet, mostly comprised of refurbished old Airbus A320 variants. They are also awaiting 85 more deliveries from Airbus, altogether leading to a diverse fleet.

Boeing 737 Max 200 was the aircraft of choice for VietJet, with a single-class configuration that seats up to 200 passengers, these birds (100 of them, to be precise) will provide a solid fleet for the low-cost operations. The contract was signed during President Obama’s visit to Hanoi, Vietnam, and the deliveries are expected to roll in from 2019, up until 2023.

The Max 200 variant of the beloved 737 is based on the Max 8 platform, which feature a sleeker fuselage and improved CFM International LEAP-1B engines. The difference between Max 8 and Max 200 is the added emergency exits, which increase the seating density.

This strategic move was a direct response to the 20% market growth for the past 3 consecutive years, according to the airliner.

– Stevan Milošević

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Author: LeonardoTimes

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