Vietjet and Pratt &Whitney sign aircraft engine deal

November 13, 2017 | 11:43

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On the occasion of the APEC Vietnam 2017 and first state visit to Vietnam by US President Donald Trump, Vietjet and Pratt & Whitney, a world leader in the design, manufacturing, and service of aircraft engines and auxiliary power units announced the selection of the PurePower Geared Turbofan (GTF) engine to power the airline’s ten new aircrafts.

Vietnamese President Tran Dai Quang and US President Donald Trump witnessed the signing in Hanoi

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This deal, which is valued at $600 million at listing price, includes a 12-year EngineWise™ Fleet Management Program for Vietjet’s ten new-age aircrafts. The two companies have so far reached a trade turnover of $3.7 billion.

The signing took place at a ceremony in Hanoi yesterday and was attended by President of the Socialist Republic of Vietnam Tran Dai Quang and US President Donald Trump, along with officials from Vietjet and Pratt & Whitney.

“We are delighted to add ten additional GTF-powered new aircrafts to our fleet. We look forward to the proven performance and environmental benefits that they deliver,” said Dinh Viet Phuong, Vietjet vice president.

Since entering into service in early 2016, the GTF engine has demonstrated its promised ability to reduce fuel usage by 16 per cent, regulated emissions by 50 per cent, and noise footprint by 75 per cent.

“We were honoured to celebrate a new relationship with VietJet last year, and we are thrilled to extend this relationship now and into the future,” said Rick Deurloo, senior vice president of sales, marketing, and customer support at Pratt & Whitney.

Since commencing operations in 2011, Vietjet has become the Asia-Pacific’s fastest growing low-cost carrier. It has been operating profitably since its second year of operation, with over 73 domestic and international routes and technical reliability rate of 99.6 per cent, the highest rate among the airlines in the region who operate the same aircraft model.

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With 10 impressive ao dai dresses created by well-known designer Thuan Viet going on performance right at the airport and onboard the planes, together with meaningful gifts, Vietjet continues to inspire passengers by bringing unique experiences on Vietnamese Women’s Day.

By By Bich Ngoc

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