Vietjet inks $1.1 billion deal with US aerospace firm Honeywell

The event took place on September 23 in the presence of Vietnam’s Party General Secretary and State President To Lam during his working visit to the United States.

The agreement, exchanged by Vietjet CEO Dinh Viet Phuong and Joseph Vitulli, a representative of Honeywell Aerospace Technologies, marks a significant step in Vietjet's ongoing efforts to modernise its fleet. The airline will implement Honeywell’s avionics and auxiliary power unit maintenance programmes on its new-generation wide-body A330neo and new narrow-body aircraft. The agreement also includes Honeywell Flight Efficiency, a solution which will provide emission reduction and fuel-efficiency monitoring across Vietjet’s entire fleet.

Speaking at the event, Phuong said, “The agreement represents a new milestone in our long-standing partnership with Honeywell. Vietjet is committed to driving sustainable growth and green transformation with the goals of emission reduction and intercontinental flight network expansion. Honeywell's advanced technology will play a crucial role in helping us better serve our valued passengers with convenient, high-quality, safe, and eco-friendly flights, while fostering sustainability in line with our environmental, social, and governance goals.”

“We are thrilled to expand our collaboration with Vietjet through this important agreement,” said Vitulli. “Honeywell has partnered with Vietjet for nearly a decade and will continue to support the airline in achieving its long-term goals while enhancing passengers’ flight experience. We have consistently succeeded in developing and implementing solutions to reduce carbon footprints, enabling airlines to optimise fuel consumption by analysing aircraft performance and sharing best practices across their operations.”

Vietjet has earned a 7/7-star safety rating from AirlineRatings, and has consistently been recognised as one of the world’s safest low-cost airlines since 2018. The airline continues to expand its fleet with new, fuel-efficient aircraft, achieving a technical reliability rate of 99.6 per cent, placing it among the top airlines globally. Through collaborations with Honeywell and other global aviation leaders, Vietjet remains committed to investing in advanced aviation technologies to ensure the best flying experience for its passengers worldwide.

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