VietJet Air Airbus A320

Airbus, Vietjet Announce Deal for 30 Planes at Dubai Airshow

VietJet Air Airbus A320

Airbus and Vietnamese air carrier Vietjet announced a deal Tuesday for 30 new aircraft easily worth over $3 billion at list prices, the first major commercial deal at the Dubai Airshow.

The sale of nine new A321ceos and 21 new A321neos enlivened the biennial event, especially after its 2013 edition saw deals worth more than $140 billion involving Emirates, Etihad, Qatar Airways and budget carrier flydubai. After that spending spree, few expected this year’s show to see similar major purchases.

No terms were released for the deal between Airbus Group and Vietjet, though the list prices of the aircraft are more than $3 billion. However, airlines and manufacturers typically negotiate discounts on such deals.

Vietjet, which began operations in 2011, is a regional Asian budget carrier.

“Today’s order for additional A321s responds to our growth strategy and to the need for additional seat capacity on both domestic and international routes,” Vietjet CEO Nguyen Thi Phuong Thao said in a statement.

Airbus, Vietjet Announce Deal for 30 Planes at Dubai Airshow

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