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Vietjet finalizes Vietnam's largest ever commercial airplane purchase from Boeing

Xinhua, May 23, 2016 Adjust font size:

Vietnam's budget carrier Vietjet and Boeing have finalized an order for 100 737 MAX 200 airplanes, the largest ever single commercial airplane purchase in Vietnam aviation.

The agreement, valued at approximately 11.3 billion U.S. dollars, was signed by Vietjet President and CEO Nguyen Thi Phuong Thao and Boeing Commercial Airplanes President and CEO Ray Conner on Monday in Vietnam's capital Hanoi during the visit of U.S. President Barack Obama to the country.

The airplanes in this purchase will be delivered to Vietjet from 2019 until 2023 for supporting Vietjet to continuously extend the domestic network as well as international network in the region.

This agreement helps Vietjet to increase the fleet to more than 200 aircraft in the end 2023 with the most modern and advanced technology in the world, Vietjet said on its website.

VietJet Air was the first privately owned airline to be established in Vietnam. Its first flight was operated in December 2011 flying from southern Ho Chi Minh City to capital Hanoi. Endit