Vietnam Airlines to expand fleet to 170 aircraft
Vietnam Airlines has requested government permission to invest US$8.38 billion to expand its fleet, taking it to 170 aircraft within 11 years. State-owned business newspaper, Dau Tu reported recently that the first phase of the expansion strategy will see the national carrier grow its fleet to 110 aircraft by 2015, with a further 60 planes to be added by 2020. Vietnam Airlines currently operates 68 aircraft, so the plan would represent a more than 180% fleet expansion.
The new additions will include large wide-body jets such as the Airbus A380, A350 and Boeing 787, as well as narrow-body A320 and Bombardier CSeries, as well as ATR-72 turboprops. The national carrier currently has 71 outstanding orders, including four A380s and 16 Boeing 787 Dreamliners.