🧵 1. Vietnam Airlines to buy 50 Boeing 737 MAX planes in $10 billion deal, as reported by Bloomberg. Confirmation of earlier Reuters report. #business
🧵 1. Vietnam Airlines to buy 50 Boeing 737 MAX planes in $10 billion deal, as reported by Bloomberg. Confirmation of earlier Reuters report. #business
🧵 2. Deal announcement coincides with U.S. President Joe Biden's visit to Hanoi. Boeing and Vietnam Airlines yet to comment.
🧵 3. Vietnam's aviation market showed significant growth in 2022. Predicted to serve 150 million passengers by 2035, says IATA.
🧵 4. Boeing 737 MAX planes were grounded worldwide following fatal crashes in 2018 and 2019. Returned to service at the end of 2020.
🧵 5. Vietnam Airlines faced a net loss of $53.96 million in Q2 2021. Blames fuel prices and financial risks. Vietnam is also considering defense purchases from Boeing.
🧵 Read more at: https://www.reuters.com/markets/deals/vietnam-air-boeing-near-10-bln-deal-50-737-max-planes-bloomberg-news-2023-09-10/