(Hanoi, November 13, 2017) – Vietjet and Pratt & Whitney, a world leader in the design, manufacture and service of aircraft engines and auxiliary power units, today announced the selection of the PurePower Geared Turbofan (GTF) engine to power the airline’s order of 10 new aircraft on the occasion of the APEC 2017 and first official state visit to Vietnam by U.S. President Donald Trump.
This deal, which is valued at USD600 million at list prices, includes a 12-year EngineWise™ Fleet Management Program for Vietjet’s 10 new-age aircraft. The two companies have so far reached a trade turnover of USD3.7 billion.
The signing took place in a ceremony in Hanoi and was attended by President of the Socialist Republic of Vietnam Trần Đại Quang and U.S. President Donald Trump, along with officials from Vietjet and Pratt & Whitney.
“We are delighted to add 10 additional GTF-powered new aircraft to our fleet. We look forward to the proven performance and environmental benefits that they deliver,” said Dinh Viet Phuong, Vietjet vice president.
Since entering into service in early 2016, the GTF engine has demonstrated its promised ability to reduce fuel burn by 16 percent, regulated emissions by 50 percent and noise footprint by 75 percent.
“We were honored to celebrate a new relationship with Vietjet last year, and we are thrilled to extend this relationship now and into the future,” said Rick Deurloo, senior vice president of sales, marketing and customer support at Pratt & Whitney.
Since commencing operations in 2011, Vietjet, Vietnam’s largest domestic airline, has become the Asia Pacific’s fastest growing low-cost carrier. It has operated profitably since its second year of operation with over 73 domestic and international routes and technical reliability rate of 99.6%, the highest rate among airlines in the region which operate with the same aircraft model.
About Vietjet:
Vietjet is the first airline in Vietnam to operate as a new-age airline with low-cost and diversified services to meet customers’ demands. It provides not only transport services but also uses the latest e-commerce technologies to offer various products and services for consumers. Vietjet is a member of the International Air Transport Association (IATA) with the IATA Operational Safety Audit (IOSA) certificate. The airline was also named as one of the Top 500 Brands in Asia 2016 by global marketing research company Nielsen, the “Best Asian Low Cost Carrier” at the TTG Travel Awards 2015, which compiles votes from travelers, travel agencies and tour operators in throughout Asia and Asia’s Best Employer Brand by the Employer Branding Institute and World HRD Congress for many years. The airline was also rated as one of the top three fastest growing airline brands on Facebook in the world by Socialbakers.
Currently, the airline boasts a fleet of 45 aircraft, including A320s and A321s, and operates 350 flights each day. It has already opened 73 routes in Vietnam and across the region to international destinations such as Thailand, Singapore, South Korea, Taiwan, Hong Kong, Mainland China, Malaysia, Indonesia, Myanmar and Cambodia…
Looking ahead, the airline plans to expand its network across the Asia Pacific region. To prepare for this plan, Vietjet has signed agreements with the world’s leading aircraft manufacturers to purchase more brand-new and modern aircraft.
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