VietJet Said to Plan $10 Billion Airbus Order to Expand

Lock
This article is for subscribers only.

VietJet Aviation Joint Stock Co., Vietnam’s only privately owned carrier, plans to sign an agreement today to procure 100 planes from Airbus SAS, with deliveries starting next year, a person familiar with the plan said.

The planes are valued at between $8 billion and $10 billion based on list prices and the type of aircraft to be delivered over the next 10 years, the person said, declining to be identified as the information isn’t yet public. VietJet is getting the A320 family of single-aisle jets, and some of them will be leased from the Toulouse, France-based planemaker, the person said.