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Vietnam Airlines Nears Deal for Boeing Jets as U.S. Exerts Pressure

Vietnam Airlines is close to finalizing an eagerly awaited order for 50 Boeing aircraft.

NYSE:
BA

According toReuters on Monday, quoting an anonymous company official, agreements concerning 737 Max jets were reached. This arrangement follows a preliminary accord made in 2023 and is anticipated to finalize “in the near future.”

The airline, serving as Vietnam’s flagship carrier, expects to require up to 100 additional narrow-body planes by 2035 for modernizing their fleet and supporting growth plans.

This planned acquisition of an airplane syncs with growing U.S. demands on Vietnam to boost American imports as a strategy to alleviate trade frictions and prevent possible tariff impositions.

As an independent action, Vietnam Airlines entered into a Memorandum of Understanding in April with Vietcombank, the nation’s premier banking institution, aimed at securing financial backing related to the purchase of 50 narrow-body aircraft. The document did not identify any particular manufacturer.

Boeing (

NYSE:
BA

) has not provided any statement regarding the impending agreement, as per Reuters.

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