Wednesday, February 12, 2014

VietJet finalizes A320 deal

As expected, Airbus said Tuesday it has finalized a deal with Vietnamese low-cost airline VietJetAir for a fleet of its single aisle A320 aircraft. It involves firm orders for 63 aircraft and purchase rights for another 30. The Vietnamese airline will also lease eight more A320 family aircraft from third-party leasers. The first privately owned airline in Vietnam to operate domestic and international flights, VietJetAir currently operates 11 leased A320s. (Sources: Multiple, including MarketWatch, AP via Washington Post, International TravelMagazine, 02/11/14) Previous Gulf Coast note: Airbus is building an A320 final assembly line in Mobile, Ala.