VietJetAir Finalises Major A320 Family Order

Airline to develop with more than 100 Airbus single aisle aircrafts

Singapore Airshow, Feb 11, 2014 - (ACN Newswire) - Vietnam's VietJetAir has finalised a major order for the A320 Family to meet its future expansion plans. The purchase agreement covers firm orders for 42 A320neo, 14 A320ceo and 7 A321ceo, plus 30 purchase rights. In addition the airline will lease eight more A320 Family aircraft from third party lessors.

The order was finalised today at the Singapore Airshow by Nguyen Thi Phuong Thao, Vice Chairwoman and CEO, VietJetAir and Fabrice Bregier, President and CEO, Airbus. The signing was witnessed by Dinh La Thang, Minister of Transport of Vietnam and Le Luong Minh, Secretary-General of ASEAN.

"The A320 has proven to be extremely efficient in service with VietJetAir and is a favourite with our passengers," said Luu Duc Khanh, Managing Director, VietJetAir. "Based on this experience, we look forward to developing our business across the Asia-Pacific region. Airbus will be our strategic partner and provide us with the most economic and comfortable aircraft and coordinate with VietJetAir in relevant training programs."

"We are pleased to finalise our first purchase agreement with VietJetAir," said Fabrice Bregier, President and CEO, Airbus. "This order reinforces the A320 Family's position as the preferred choice in the single aisle market, both for full service and low cost carriers. We look forward to working with VietJetAir as it brings ever more affordable air travel to the fast growing South East Asian market."

VietJetAir took to the skies in 2011 and is the first private airline in Vietnam to operate domestic and international flights. Today the airline operates a fleet of 11 leased A320s on a network covering 20 routes, including domestic destinations, Bangkok, Seoul and Kunming in China.

With more than 10,100 aircraft ordered and over 5,900 delivered to over 300 customers and operators worldwide, the A320 Family is the world's best-selling single-aisle aircraft product line.

About VietJetAir

VietJetAir is a new age, dynamic and modern airline that has been licensed to operate both domestic and international routes. The airline is now operating more than 600 flights per week.

With a fleet of brand-new, modern and sophisticated aircraft - maintained by the world's best service providers - and a reputation for operating safe and cordial flights with fun, friendly air stewards, VietJetAir was honored to be voted "the most friendly transportation and best promotion airline in Vietnam" in the marketing report "Trust & Use", as conducted by Spend & Use Advisory Magazine, under the patronage of Vietnam Standard and Consumers Association in cooperation with Mancom Market Management Alternatives Company.

At the "Budgies & Travel Awards", held in London, VietJetAir along with SpiceJet (India), EasyJet (England), Southwest(USA) and AirAsia X (Malaysia) was also honored to be shortlisted in the category for "Top 5 Best New Route Launch."

Recently, VietJetAir was awarded nominated as "The Airline with Cultural Creative and Entertainment in-flight Programs" by the Asian Record Organization and "Golden Star Award for Quality" by Business Initiative Directions (B.I.D). VietJetAir was also awarded by UNESCO as "Cutural and Toursim Brand".

For more information, please visit www.vietjetair.com.

Source: VietJetAir

Contact:

Mr. Dinh Quang Trung (Timmy)
Vietjet Air
trungdinh@vietjetair.com
+84-4-3728-1828

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