Vietnam Airlines to expand fleet to 110 aircraft by 2015

TN News

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National carrier Vietnam Airlines has sought government approval to invest US$8.38 billion to expand its fleet, taking it to 110 aircraft by 2015 in the first phase, a local newspaper reported on Friday.

The airline is currently operating around 300 flights a day with 68 aircraft, including two Fokkers.

It wants to take its total fleet to 170 by 2020, according to plans submitted to the government for approval, Dau Tu (Investment) newspaper, which is run by the Planning and Investment Ministry, said.

The fleet would by then include wide-body Airbus A350-900s, Boeing 787-9s, Airbus A380s as well as narrow-body A320s and A321s plus ATR-72s and Bombardier C series, the report said.

The airline will soon buy jet fuel produced by Dung Quat oil refinery, Vietnam's only such facility, which will meet up to a third of the national carrier's annual fuel demand, local newspapers said on Friday.

ATR is a joint venture of Europe's EADS and Italian group Finmeccanica.

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