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Vietnam’s budget carrier inks $400mn deal with UK’s Rolls-Royce

Vietnam’s budget carrier inks $400mn deal with UK’s Rolls-Royce

Monday, November 01, 2021, 17:42 GMT+7
Vietnam’s budget carrier inks $400mn deal with UK’s Rolls-Royce
This image shows Vietjet aircraft at an airport in Vietnam. Photo: T.Tung / Tuoi Tre

Vietnam's low-cost airline Vietjet has signed a US$400-million agreement with British firm Rolls-Royce for aircraft engines and engine servicing for its wide-body fleet, the carrier said in a statement.

The signing ceremony took place on Sunday in the presence of Vietnamese Prime Minister Pham Minh Chinh, who is in Glasgow, Scotland, for the 26th United Nations Climate Change Conference of the Parties (COP26) and a working visit, the airline said the same day in a press release.

Ewen McDonald, Rolls-Royce Civil Aerospace’s chief customer officer, said his firm was very excited that Vietjet had had chosen the Trent 700 engine to support its fleet development.  

The Trent 700 engine, which has logged more than 60 million hours in service since its launch in 1995, has the lowest lifetime fuel burn on its aircraft type, McDonald said.

He also emphasized that Rolls-Royce’s TotalCare service will help Vietjet maximize the value of its engine assets and increase time-on-wing performance.

“We look forward to working with Vietjet as they expand their geographical footprint,” McDonald added.

Vietjet managing director Dinh Viet Phuong expressed his belief that Trent 700 engines will bring a technology breakthrough to the budget airline's fleet, helping improve flight range and quality, while boosting its aircraft’s technical reliability and operational efficiency.

“The engines are also expected to make our fleet more synchronous,” Phuong said.

The Vietjet executive hoped the bilateral partnership will contribute to promoting trade between Vietnam and the UK, generating more jobs for people and businesses of both countries.

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Vinh Tho / Tuoi Tre News

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