Safran and Bamboo Airways ink $2.3 billion deal witnessed by French and Vietnamese PMs

November 04, 2021 | 14:02

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Bamboo Airways and Safran inked an MoU on a €2 billion ($2.3 billion) deal under the witness of French Prime Minister Jean Castex and Vietnamese Prime Minister Pham Minh Chinh during his working visit to France on November 3-5.

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Trinh Van Quyet, chairman of Bamboo Airways and Alexandre Ziegler, Safran senior executive vice president, International and Public Affairs, signing the MoU under the witness of the two country’s PMs

Bamboo Airways and Safran, the world's leading aerospace supplier, signed an MoU to identify potential opportunities concerning an order of 50 A321neos (30 firm plus 20 options) and 30 B787-9 (10 firm plus 20 options) that would be beneficial to both parties in the field of aeronautical propulsion but also aerospace equipment .

CFM International and Safran are long-term strategic partners of Bamboo Airways. The airline is currently operating seven A320neo and five A321neo powered by LEAP-1A engines of CFM International since its establishment, marking the first-ever operation of this engine in the Vietnam market. Bamboo is also interested in Safran's high-class and modern seats to install on its fleet. The two parties will also study the installation of interior equipment in its cabins.

Bamboo Airways is the first Vietnamese airline to operate LEAP-1A engines of CFM International in the Vietnam market

“We are looking forward to developing a strong relationship with Bamboo and being part of its future growth,” added Alexandre Ziegler, Safran senior executive vice president, International and Public Affairs. “This MoU will strengthen the involvement of the two companies and mutual recognition of their expertise in providing the best customer experience.”

“We believe the cooperation between Bamboo Airways and Safran will make a substantial contribution to the strategic partnership between Vietnam and France in the aviation industry in particular and every field of economy, politics, commerce, and education,” said Trinh Van Quyet, chairman of Bamboo Airways.

By Bamboo Airways

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