Summary Airline leaders like Vietjet benefit from foresight in ordering A320neo Family jets, ensuring steady aircraft supply and growth opportunities. Vietjet focuses on A321neos and A330neos for optimal fuel efficiency, cost savings, and passenger comfort in expanding Asia-Pacific network. Vietjet's success in the Australian market and steady orders for new aircraft allow for continued growth and increased capacity for peak demand.
At the end of July, Airbus had a total backlog of 8,565 aircraft, of which 7,048 (82%) were for A320neo Family jets. In the first seven months of this year, Airbus delivered 317 A320/A321neos, meaning it had around 13 years of production to fill existing orders at its current delivery rate. Vietjet has a steady supply of A321neos Those figures show that obtaining new A320neo Family aircraft is not all that simple, and airlines that had the foresight to place orders earlier are now reaping the benefits.
Vietnam's largest private carrier, Vietjet , is in that grouping, and last week, the ultra-low-cost carrier confirmed it expects to receive up to another ten new A321neos by the end of this year. Vietjet currently operates a fleet of more than 100 Airbus aircraft , and according to the July Airbus Orders & Deliveries Report, it has 107 A321neos and 20 A330-900neos on order. The airline has had particular success with the A321neo ACF (Airbus Cabin Flex) variant, which typically operates in a one-class layout of 240 seats, and in 2019, became the first to operate the ACF model.
Vietjet said it expects deliveries from this month and that most of the aircraft arriving in the coming months will be A321neo ACF types. The A321neo is an ideal aircraft for a low-cost carrier. In addition to its exceptional seat-cost economics, the aircraft offers fuel savings of at least 16%, reduces noise by up to 75% and generates 50% fewer emissions than previous narrowbodies.
Vietjet is working closely with Laos to develop that nation's air connectivity, while its Thailand affiliate has operated its first flight using SAF. According to fleet data from Planespotters.net , the Vietjet Group, which includes Thai Vietjet, has 103 Airbus aircraft.
The fleet consists of 29 A320-200s, 42 A321-200s, 25 A321neos and seven widebody A330-300s, using the A330s on medium-haul routes to Australia and higher-volume services in Asia. A330neos are on the way At the Farnborough International Airshow in July, Vietjet officially signed the contract to purchase 20 new-generation A330-900neos . The deal, valued at $7.
4 billion at list prices, was first announced as a Memorandum of Understanding at the Singapore Airshow in February and has now become a firm order. Vietjet currently leases its Airbus A330-300s and will progressively replace those as the new A330neos are delivered. They will also be used to grow the international and domestic networks, operating routes such as Vietnam to Mumbai and New Delhi and high-capacity domestic services such as Ho Chi Minh City to Hanoi.
The A330neo uses the latest generation Rolls-Royce Trent 7000 engines to operate a range of up to 7,200 nautical miles (13,000 kilometers), making it ideal for the airline's expanding Asia-Pacific network. The more modern aircraft will also cut fuel consumption, carbon emissions, and operating costs, while passengers will appreciate the comfort of the Airbus Airspace cabins. In the first half of 2024, Vietjet operated 70,154 flights and carried 13.
1 million passengers. It generated total revenue of $1.35 billion and earned a consolidated pre-tax profit of $52 million, year-on-year gains of 15% and 433%, respectively.
It has been particularly successful in building a solid presence in the Australian market, where, in just over a year, it established routes to Melbourne, Sydney, Brisbane, Adelaide and Perth. In the first few days of August Vietjet has highlighted its growing profitability, green credentials, a new route and 200 Millionth passenger In Asia, the airline has added services from various cities in Vietnam to China, Japan, South Korea, Indonesia, Singapore, Malaysia, and Cambodia and has established popular connections to multiple cities in India. The arrival of up to 10 new A321neos in the coming months will allow the airline to add more capacity in time for the end-of-year holiday peaks.
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