This strategic move aligns with Vietnam Airlines' fleet expansion plans for 2025–2030, with a vision extending to 2035. Dang Ngoc Hoa, Chairman of the Board of Directors of Vietnam Airlines, emphasized that the aircraft investment is crucial for the airline's recovery and sustainable development. The addition of the 737 MAX aircraft aims to enhance service quality on domestic and Asian routes while modernizing the fleet with fuel-efficient models.
Brad McMullen, Boeing's Senior Vice President of Commercial Sales and Marketing, highlighted Southeast Asia as one of the world's fastest-growing aviation markets. He noted that the 737 MAX is well-suited to meet regional demand efficiently and expressed appreciation for the longstanding partnership with Vietnam Airlines, which dates back to 1995 when the airline first leased Boeing 767s.
The Boeing 737 MAX series offers a seating capacity of up to 230 passengers and a flight range exceeding 3,000 kilometers, making it suitable for both domestic and regional operations. Vietnam Airlines currently operates a fleet of over 90 aircraft, predominantly comprising Airbus models. The introduction of Boeing 737 MAX aircraft is expected to diversify the fleet and improve operational efficiency.
This agreement also reflects Vietnam's broader strategy to balance trade relations with the United States. Vietnam has been exploring significant purchases from U.S. companies, including aircraft and military equipment, to address the trade surplus and strengthen economic ties. The MoU between Vietnam Airlines and Boeing is a testament to the growing economic partnership between the two nations.
While the MoU signifies a commitment to purchase, the finalization of the deal will involve further negotiations and approvals from relevant authorities. Vietnam Airlines plans to work closely with Boeing to expedite the necessary procedures to bring the agreement to fruition.