Vietjet recently signed deals with Singapore-based companies for airport development and MRO. ST Engineering and Vietjet signed a comprehensive component Maintenance-By-the-Hour (MBH) contract to support the airline’s entire fleet. Under the contract, ST Engineering will provide Vietjet with a full suite of component support solutions covering component pooling, repair, overhaul, modification, main base kits, component health monitoring and logistics services for the airline’s entire fleet.
Vietjet Vice President Ho Ngoc Yen Phuong, said: “We value the fact that ST Engineering can provide on-site MRO services as well as leverage their global component support network to support our international flight operations 24/7. We are assured that they will be a reliable partner to support the flexibility in our technical operation and maintenance as we focus on expanding our flight network internationally.”
“The component MRO facilities together with life-cycle support capabilities in our global network, will be able to provide excellent support to Vietjet’s fleet. When combined with our comprehensive component solutions, we are confident in helping Vietjet achieve significant cost-savings and enjoy operational reliability at the same time,” said Jeffrey Lam, president of Commercial Aerospace at ST Engineering.
ST Engineering supports more than 900 aircraft and provides integrated component solutions for over 23,500 unique aircraft parts. ST Engineering is also the authorised service centre to over 20 OEMs. Its commercial aerospace business provides round-the-clock support and delivers more than 80,000 components annually from its component MRO facilities located in Singapore, Hanoi and Ho Chi Minh City in Vietnam, as well as Stockholm, Sweden.
Vietjet and Changi Airports sign deal for services supply in Vietnam
SOVICO Group, Vietjet and Changi Airports International (CAI), the international arm of Changi Airport Group, have signed a strategic partnership agreement worth US$1.5 billion to develop the provision of aviation services at airports in Vietnam and in the region. The signing marks the first time that a private corporation and an airline in Vietnam collaborate with an international airport group to develop aviation services and facilities. The parties will cooperate in the research and development of projects at airports in Vietnam, which include green, sustainable and smart infrastructure development projects.
Eugene Gan, CEO of Changi Airports International, said: “We believe that our expertise and geographical experience in managing airports around the world will add value to Vietjet and related partners in raising development and management standards to optimise airport-related operations; hence promoting economic development, boosting connectivity in Vietnam and in the region. Our approaches always prioritise sustainability with close attention to the global ecosystem and surrounding catchment.”
Dr. Nguyen Thanh Hung, Vietjet vice chairman of the board of directors, said: “Through the partnership with an industry expert such as Changi Airports International, we seek to contribute to the development and improvement of aviation services standards in Vietnam and in the region. The partnership further expresses our commitment to economic development goals, especially in aviation and sustainable development. The signing is significantly crucial in the context that the two countries are gradually opening up in a post-pandemic environment, creating more motivation for Vietjet to further expand its flight network in Vietnam and international markets.”
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