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VietJet places $7 billion order for Airbus A330neo aircraft

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VietJet places $7 billion order for Airbus A330neo aircraft
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Gary Leff Chief Financial Officer | View from the Wing

Vietnam’s VietJet has placed an order for 20 Airbus A330neo aircraft, valued at $7.4 billion at list prices. On average, airlines typically pay about 50% of the list price.

Years ago, the airline was fined 20 million Dong over unapproved inflight entertainment. It wasn’t due to the installation of a seatback video system. Instead, five bikini-clad candidates in a local beauty contest performed a dance onboard the airline’s inaugural flight to Nha Trang. The three-minute show had not been approved in advance and was deemed a violation of aviation and security regulations. Consequently, the airline was fined the equivalent of $959.

Since then, they have branded themselves as the bikini airline. The airline’s CEO views these campaigns and onboard stunts as empowering. Vietnam has a very conservative culture, and the public bikini stunts challenge traditional notions of female dress in that society.

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However, when they start service to some Islamic destinations, they must promise those governments that their flight attendants will be fully clothed.

The carrier currently operates to nearly 100 destinations in 13 countries. They have an all-Airbus fleet with about 75 A320 family narrowbodies and seven A330 widebody planes. They also have an order for over 100 Airbus A321neos and 20 A321XLRs. Though they have an eight-year-old order for about 100 Boeing 737 MAX aircraft, none have yet been delivered.

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