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 20...