#FIA16: Jetstar Pacific Airlines Pens MOU for 10 A320s

Vietnamese low-cost carrier Jetstar Pacific Airlines has signed a memorandum of understanding (MOU) with Airbus for ten A320ceos. The agreement was announced during the Farnborough International Airshow and is the airline’s first direct purchase with the Toulouse-based manufacturer.

Jetstar Pacific currently operates a fleet of 12 leased A320 Family aircraft across a network of 28 domestic and regional destinations.

“This agreement marks a milestone in our development,” said Le Hong Ha, Chief Executive Officer of Jetstar Pacific. “The new aircraft will allow us to expand our operation on our international network from Vietnam as part of the wider Jetstar Group.  With low operating costs and a comfortable cabin, the A320 enables us to offer our passengers a quality value-based product in a highly competitive market environment.”

John Leahy, Airbus Chief Operating Officer Customers, enthused: “We are pleased to have signed our first MOU with Jetstar Pacific. The news reinforces the position of the A320 as the single aisle aircraft of choice in both the low-cost and full service sectors.  We will look forward to working with Jetstar Pacific as it consolidates its position in the fast-growing Vietnamese market.”