The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.
Bloomberg
VietJet Aviation JSC indicated that it plans to establish a fleet of Airbus SE A330 jets for flights beyond Asia after signing a service deal for the Rolls-Royce Holdings Plc engines that power the twin-aisle model.
The Vietnamese airline will outfit upcoming wide-bodies with Rolls-Royce Trent 700 turbines, it said in a statement. A Rolls spokeswoman said
the $400 million accord covers parts and support across 10 planes. The engines appear on the older, out-of-production version of the A330, suggesting the jets will be leased.
Discounter VietJet, which began flying in 2011 and operates 90 single-aisle planes on routes spanning India in the west to Japan in the east, said the foray into wide-bodies will enable it to expand “across continents.†Ch-aviation reported in April that the company planned to add A330s in the third quarter.