Vietjet and Honeywell’s US$1.1 billion agreement

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 Vietjet and U.S.-based Honeywell Aerospace Technologies have exchanged a cooperation agreement valued at US$1.1 billion, to provide avionics and aviation technical services for Vietjet’s modern and fuel-efficient fleet. The event took place in the presence of  Vietnam’s Party General Secretary and State President To Lam during his working visit to the United States.
The agreement, exchanged by Vietjet Chief Executive Officer Dinh Viet Phuong and Joseph Vitulli, representative of Honeywell Aerospace Technologies, marks a significant step in Vietjet’s ongoing efforts to modernize its fleet. The airline will implement Honeywell’s avionics and APU (Auxiliary Power Unit) maintenance programs on its new-generation wide-body A330neo and new narrow-body aircraft. The agreement also includes Honeywell Flight Efficiency, a solution which will provide emission reduction and fuel-efficiency monitoring across Vietjet’s entire fleet.
Vietjet Chief Executive Officer Dinh Viet Phuong said: “Today’s agreement represents a new milestone in our long-standing partnership with Honeywell. Vietjet is committed to driving sustainable growth and green transformation with the goals of emission reduction and intercontinental flight network expansion. Honeywell’s advanced technology will play a crucial role in helping us better serve our valued passengers with convenient, high-quality, safe, and eco-friendly flights while fostering sustainability in line with our ESG goals.”
“We are thrilled to expand our collaboration with Vietjet through this important agreement,” said Joseph Vitulli, representative of Honeywell Aerospace Technologies.
“Honeywell has partnered with Vietjet for nearly a decade and will continue to support the airline in achieving its long-term goals while enhancing passengers’ flight experience. We have consistently succeeded in developing and implementing solutions to reduce carbon footprints, enabling airlines to optimize fuel consumption by analyzing aircraft performance and sharing best practices across their operations.”
Vietjet has earned a 7/7-star safety rating from AirlineRatings and has consistently been recognized as one of the world’s safest low-cost airlines since 2018. The airline continues to expand its fleet with new, fuel-efficient aircraft, achieving a technical reliability rate of 99.6%, placing it among the top airlines globally. Through collaborations with Honeywell and other global aviation leaders, Vietjet remains committed to investing in advanced aviation technologies to ensure the best flying experience for its passengers worldwide.

 

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