Hanoi, Vietnam--(M2 Presswire – May 24th, 2016) - VietJet Aviation Joint
Stock Company and Boeing NYSE: BA have finalized an order for 100 737 MAX 200
airplanes, the largest ever single commercial airplane purchase in Vietnam
aviation. His Excellency Mr. Trần Đại Quang, President of the Socialist
Republic of Vietnam, and U.S. President Barack Obama, witnessed the historic
agreement, valued at approximately $11.3 billion at current list prices.
The signing ceremony, conducted by Vietjet
President and CEO Nguyễn Thị Phương Thảo and Boeing Commercial Airplanes
President and CEO Ray Conner, took place at the Presidential Palace in Hanoi,
at approximately 11:40 a.m. local time.
"Vietjet is efficiently operating a fleet of
narrow body airplanes. Our investment in a fleet of B737 Max 200 will
accommodate our strategy of growing Vietjet's coming international route network
including long haul flights,” said Madam Nguyễn Thị Phương Thảo during the
signing. “Through this agreement, Vietjet will contribute increasing bilateral
trade turnover between Vietnam and the United States, as well as the
integration and development of the aviation industry in Vietnam.”
The airplanes will be delivered from 2019 through
2023, supporting Vietjet’s continuous growth of its domestic as well as
international network in the region. This agreement also helps Vietjet to
increase its fleet to more than 200 airplanes by the end 2023, with the most
modern and advanced technology in the world.
“Boeing is proud to again play an integral role
in advancing Vietnam’s aviation industry. We’re honored to be joined by
President Quang and President Obama for this historic milestone and order of
100 737 MAX 200 airplanes,” said Conner. “Incorporating the latest design and
technology features, the highly efficient 737 MAX 200 will provide Vietjet’s
growing network with market-leading economics, a superior passenger experience
and contribute significantly to their future success.”
The 737 MAX incorporates the latest technology
CFM International LEAP-1B engines, Advanced Technology winglets and other
improvements to deliver the highest efficiency, reliability and passenger
comfort in the single-aisle market. The new single-aisle airplane will deliver
20 percent lower fuel use than the first Next-Generation 737s and the lowest
operating costs in its class – 8 percent per seat less than its nearest
competitor. To date, the 737 MAX has accumulated 3,098 orders from 65 customers
around the world.
About Hasit Vibhakar
Hasit Vibhakar is a proactive, performance-driven middle market executive
with 20 years + progressive expertise in C-level leadership and problem solving
for additive manufacturing, advanced CNC manufacturing, Additive Manufacturing,
3D Printing, supply chain, technology services, and startup operations. Proven
track record of enhancing enterprise value and shareholder value. Experienced
at building small cap and middle market companies.
Hasit Navin is an Industrialist specializing in strategic direction and growth. A seasoned c-level business executive with many years of proven track record of building enterprise value and shareholder value. He has successfully started eight technology, industrial and manufacturing enterprises and all have been successfully acquired at premium multiples in the industry. Prior to being a serial entrepreneur he has been employed with leading aerospace, telecom, technology, industrial and supply chain based companies.
Hasit Navin is an Industrialist specializing in strategic direction and growth. A seasoned c-level business executive with many years of proven track record of building enterprise value and shareholder value. He has successfully started eight technology, industrial and manufacturing enterprises and all have been successfully acquired at premium multiples in the industry. Prior to being a serial entrepreneur he has been employed with leading aerospace, telecom, technology, industrial and supply chain based companies.
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