Vietnam Airlines plans to spend billions of dollars to purchase 50 Boeing 737MAX
Civil Aviation Resources Network, September 11, 2023: According to comprehensive foreign media reports, Vietnam Airlines and Boeing will sign a preliminary agreement worth approximately US$7.5 billion to purchase 50 Boeing 737MAX aircraft to promote U.S. manufacturing employment and support the development of Vietnam’s tourism industry . The statement said the deal will support more than 33,000 direct and indirect jobs across the United States.
Vietnam has become the world's fifth-fastest-growing aviation market after COVID-19 travel restrictions were lifted in 2022, according to the International Air Transport Association (IATA).
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As early as 2019, Vietnam’s Ministry of Transport asked Vietnam Airlines to provide more details about its plan to purchase 50 narrow-body aircraft by 2025. At that time, the financially troubled Vietnam Airlines was torn between the A320neo family of aircraft and the 737MAX.
It is said that Vietnam Airlines is currently paying attention to the Boeing 737MAX 8 and may sign a temporary purchase agreement and memorandum of understanding when President Biden visits Hanoi, Vietnam.