Hanoi (VNA) – Chairman of the National
Assembly Vuong Dinh Hue has congratulated Vietjet Air and Boeing on their agreement on the restructuring
and continuation of the contract to purchase 200 Boeing 737 aircraft, at the
meeting with Boeing’s Senior Vice President Michael Arthur.
The
agreement was reached during Prime Minister Pham Minh Chinh’s official visit to the US and United
Nations for the ASEAN-US Special Summit
held in Washington D.C.
Vietjet’s contract
with Boeing is one of the significant deals contributing to the countries’ bilateral
trade balance and has been forged through three US Presidencies with important strides
following diplomatic and economic development milestones between the two
countries in the recent years.
In 2016, Vietjet Air ordered 100 Boeing aircraft in the
witness of US President Barack Obama during his visit to Vietnam. The deal
gained global attention on the impressive innovation of Vietnam’s economy as it
was the first time a private airline entered such a huge order with Boeing.
The sides agreed to raise the total number of aircraft in the order to 200 three years later, under the witness of then US President Donald Trump during his trip to Hanoi.
Besides the aircraft order, Vietjet also signed the long-term engine support with CFM International, the joint venture of General Electric, including engine supply and technical services. The huge aircraft order attracted attention not only for tens-of-billion-US-dollar value scale but also for its progressive meaning to the two companies and the two economies.
This year, Vietjet and
Boeing have agreed on the continuation of the agreement after…