Transportation

Airbus, VietJet Sign $7.4 Billion Aircraft Purchase Contract

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VietJet Aviation Joint Stock Co., Vietnam’s only private airline, signed a purchase contract with Airbus Group SE for 20 A330neo widebody aircraft, worth $7.4 billion at current list price, according to an emailed statement from VietJet.

The contract, signed on Monday at the Farnborough International Airshow in England, will help boost “VietJet’s growing long-haul services as well as on routes with high demand in the region” around Vietnam, according to the statement.