VietJet, Vietnam’s budget carrier, has secured a significant deal for 20 additional A330neo wide-body jets. This doubles its pending orders to a total of 40 aircraft as the airline embarks on an ambitious expansion strategy across the Asia-Pacific region and is exploring potential routes to Europe.

Reasons Behind the A330neo Order

VietJet’s choice of Airbus’s fuel-efficient A330neo jets aims to achieve several key goals:

• Enhance long-haul capacity beyond a narrow-body network.

• Reduce operating costs per seat by leveraging improved fuel efficiency and maintenance intervals.

• Support a growth trajectory over the next decade, with aircraft deliveries timed to meet rising passenger demand.

Chairwoman Nguyen Thi Phuong Thao expressed confidence that the deal “will continue to support VietJet’s global flight network expansion.” Meanwhile, Airbus executive Wouter van Wersch referred to the A330neo as the airline’s “wide-body aircraft of choice.”

Impact on Revenue and Profitability

Introducing wide-body jets alters the airline’s revenue dynamics, shifting towards higher-return long-haul routes. To better understand how the fleet expansion impacts VietJet’s revenue composition, investors can utilize the Revenue Product Segmentation API to get insights into earnings from different categories of services.

VietJet’s bold commitment to the A330neo marks its transition from purely low-cost, short-haul operations to a more diversified model capable of tapping into new markets. This shift is particularly significant as U.S.-Vietnam trade discussions and regional competition evolve.