Vietjet and Rolls-Royce have signed an agreement to provide Trent 700 engines and engine services for the airline’s incoming widebody fleet with a total value of approximately US$400 million during the Prime Minister’s attendance at COP26, the 26th United Nations Climate Change Conference of the Parties, in the United Kingdom.
The Trent 700 is the only engine specifically designed for the Airbus A330 wide-body aircraft and is widely recognised for its outstanding efficiency and reliability. Since its launch in 1995, the engine has logged more than 60 million hours in service.
With a comprehensive network in Vietnam and Asia Pacific, Vietjet said it is looking to further ‘expand its wings’ across continents with a new and modern fleet in the near future.
In a separate deal, the Vietnames airline signed a reinsurance certificate for its entire fleet with leading insurance brokers Gallagher (UK) Limited and Willis Towers Watson Limited on the sideline of the COP26 in the UK.
The event was witnessed by Vietnam’s Prime Minister Pham Minh Chinh and high-ranking dignitaries of Vietnam and the United Kingdom, together with Vietjet managing director Dinh Viet Phuong, Vietjet President & CEO Nguyen Thi Phuong Thao, and top executives of its company partners.