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Airbus in deals to sell 40 planes to Vietnamese airlines

Published 06/09/2016, 02:22 pm
Updated 06/09/2016, 02:30 pm
Airbus in deals to sell 40 planes to Vietnamese airlines
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HANOI, Sept 6 (Reuters) - Budget airline Jetstar Pacific said it will buy 10 A320 planes from Airbus Group AIR.PA for $1 billion as it expands its domestic and international network.

Airbus also signed deals to sell 20 A321s to VietJet for $2.39 billion and 10 A350 planes to Vietnam Airlines.

The 10 planes will be delivered in 2017, JetStar Pacific said in a statement. The airline is 70 percent owned by national flag carrier Vietnam Airlines and 30 percent by Australia's Qantas Airways QAN.AX .

The three deals was signed at the start of a two-day visit to the Southeast Asian nation by French President Francois Hollande.

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