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Last updated: Wednesday, November 22, 2017

 

Vietjet and Pratt &Whitney Announce Selection of PurePower® Geared Turbofan™ for Aircraft Order

Posted: Tuesday, November 14, 2017


On the occasion of the APEC 2017 and first official state visit to Vietnam by U.S. President Donald Trump, Vietjet and Pratt & Whitney, a world leader in the design, manufacture and service of aircraft engines and auxiliary power units, announced the selection of the PurePower Geared Turbofan (GTF) engine to power the airline’s order of 10 new aircraft.

This deal, which is valued at USD600 million at list prices, includes a 12-year EngineWise™ Fleet Management Program for Vietjet’s 10 new-age aircraft. The two companies have so far reached a trade turnover of USD3.7 billion.

The signing took place in a ceremony in Hanoi and was attended by President of the Socialist Republic of Vietnam Trần Đại Quang and U.S. President Donald Trump, along with officials from Vietjet and Pratt & Whitney.

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

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