Vietnamese Bamboo Airways sign 2 billion EUR deal with Safran

Hanoi (VNA) - Bamboo Airways and Safran inked a Memorandum of Understanding (MOU) for a potential 2 billion EUR deal in Paris on November 4 (Vietnam time) in the presence of Vietnamese Prime Minister Pham Minh Chinh and his French counterpart Jean Castex.  

Trinh Van Quyet, chairman of Bamboo Airways, and Alexandre Ziegler, Safran Senior Executive Vice President, signed a cooperation agreement on the order of LEAP-1A engines and equipment for Bamboo Airways’s fleets of Airbus A321NEO and Boeing B787-9 aircraft.

Besides, the airline sealed agreements to purchase other aircraft equipment including electronic systems, interiors and seats for its fleets with other subsidiaries of Safran.

Safran is an international high-technology group, operating in the aviation (propulsion, equipment, and interiors), defense and space markets. Safran has a global presence, with 76,000 employees and sales of 16.5 billion EUR.

According to Bamboo Airways, Safran and CFM International are long-term strategic partners of Bamboo Airways.

Bamboo Airways' A320NEO fleet has been equipped with CFM International's LEAP-1A engines since the very beginning of the airliner.

The signing would strengthen the cooperation relationship between the two sides.

In September, Bamboo Airways signed an agreement with CFM International on the selection of LEAP-1A engines and maintenance service for 50 A320/A321NEO aircraft ordered from Airbus with the witness of President Nguyen Xuan Phuc in New York, US.

This is also a new milestone of Bamboo Airways when it not only contributes to perfecting the technology for the modern fleet but also serves as a premise for the airline to promote trade and cooperation activities in France, towards the deployment of direct flights connecting Vietnam and France in the near future./.