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Published on Friday, March 15, 2019

VietJet's multi-billion dollar Boeing order up in the air

Budget carrier VietJet made clear it does not currently operate any flights with Boeing 737 MAX jets and is mulling whether or not to go ahead with an upcoming mega order with the US plane maker.

The carrier only confirmed last month it was doubling its order for the new Boeing MAX jets to 200 to great fanfare during the Trump-Kim summit in Hanoi.

It confirmed that multi-billion dollar agreement with Boeing will only become a done deal once a full investigation of the Ethiopian Airlines crash is complete.

That could take months, if not a year or two.

"Vietjet's operations meet the highest international standards with regard to safety and maintenance. In particular, we have complied with all of the regulations and met the latest standards," the carrier said in a statement.

"Now we are closely monitoring the Boeing 737 MAX case and our decisions related to these aircraft will be made after the official conclusions and guidelines of the world's aviation authorities."

"Vietjet has well managed our fleet so far and our transport business plans are unchanged."

Other carriers across Asia and worldwide are also taking a wait and see approach, which could jeopardise orders worth tens of billions of dollars for Boeing.

 Lion Air, which suffered the first crash of the new 737 variant last October, is reportedly ready to cancel a $22 billion order for the Boeing 737 and switch to Airbus jets.

It leaves Boeing's 737 programme in limbo, with all future orders under threat.


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