🐂 Not all bull runs are created equal. November’s AI picks include 5 stocks up +20% eachUnlock Stocks

Vietnam Airlines to request bids for 50 narrowbody jets next year

Published 11/13/2024, 12:54 AM
Updated 11/13/2024, 01:16 AM
© Reuters. FILE PHOTO: An aircraft of the national flag carrier Vietnam Airlines taxis at Noi Bai airport in Hanoi, Vietnam December 23, 2020. Picture taken December 23, 2020. REUTERS/Kham/File Photo
BA
-
EADSY
-

BANDAR SERI BEGAWAN (Reuters) -Vietnam Airlines will issue requests for proposals to aircraft manufacturers next year to purchase 50 narrowbody jets, its CEO said on Wednesday.

The carrier last year signed a provisional deal with Boeing (NYSE:BA) for 50 737 MAX planes that has yet to be finalised.

"In Vietnam we have to go through the bidding process, we have to open to others... The door is still open for everyone," Vietnam Airlines CEO Le Hong Ha told Reuters on the sidelines of an Association of Asia-Pacific Airlines event in Brunei. "Boeing is one option, they have a very good offer for us."

Airbus and Boeing are the main global manufacturers of single-aisle aircraft, with Airbus' A320neo family competing against the 737 MAX, though Chinese planemaker COMAC is trying to make inroads with its C919.

Vietnam Airlines' current narrowbody fleet consists of only Airbus planes, its website showed.

The airline needs 170 new aircraft by 2035, its CEO said.

© Reuters. FILE PHOTO: An aircraft of the national flag carrier Vietnam Airlines taxis at Noi Bai airport in Hanoi, Vietnam December 23, 2020. Picture taken December 23, 2020. REUTERS/Kham/File Photo

The requests for proposals leave open a possibility for COMAC to offer the C919. China has increasingly been marketing its planes to Vietnam.

Vietnam's Prime Minister Pham Minh Chinh met a senior COMAC official last week in China who said the Vietnamese market had strong potential, Vietnam's state news agency reported.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.