Vietjet and Honeywell sign $1.1 billion cooperation deal

Vietjet Air and Honeywell Aerospace Engineering Corporation (USA) have just signed a cooperation agreement worth 1.1 billion USD to provide electronic equipment and aviation technical services for the airline's modern, fuel-efficient fleet. The event took place solemnly under the witness of General Secretary and President To Lam during his visit and work in the United States.

The event took place solemnly in the presence of General Secretary and President To Lam during his visit and work in the United States.

The agreement, signed today by Vietjet CEO Dinh Viet Phuong and Mr. Joseph Vitulli, representative of Honeywell, marks an important step forward in the continued modernization of Vietjet’s fleet with avionics, electrical and electronic equipment services for auxiliary power unit (APU) on the airline’s new generation wide-body A330neo fleet and new narrow-body aircraft. Vietjet will also apply Honeywell Flight Efficiency monitoring services to its entire fleet. Mr. Dinh Viet Phuong, CEO of Vietjet, said: “Today’s agreement is a new milestone in the long-term partnership between Vietjet and Honeywell. We are committed to continuing to promote sustainable growth efforts, green transformation with the goal of reducing emissions, and expanding the intercontinental flight network. Honeywell's advanced technologies will help us better meet passenger needs, providing more comfortable, quality, safe and environmentally friendly flights, and developing sustainably with ESG goals."

Mr. Dinh Viet Phuong, CEO of Vietjet (front row, right) and Mr. Joseph Vitulli, representative of Honeywell Group (front row, left) presented the Cooperation Agreement in the presence of General Secretary and President To Lam (middle) during his visit and work in the United States.

“We are delighted to extend our partnership with Vietjet through this agreement,” said Joseph Vitulli, representative of Honeywell Corporation. “Honeywell has been working with Vietjet for nearly a decade and is committed to continuing to achieve its long-term goals while providing the best flying experience for passengers. We have an impressive history of developing and deploying carbon-reduction solutions that enable airlines to optimize their fuel consumption through aircraft performance analysis and sharing best practices from across the corporation.”

Honeywell Corporation is one of the world's leading aerospace technology companies, specializing in the production of aircraft engines, cockpit and cabin electronics, wireless connectivity systems, and many other mechanical components. Honeywell's hardware and software solutions help aircraft operate more efficiently, flights are carried out on time and ensure safety.

Honeywell Flight Efficiency is a leading solution for flight performance management, helping airlines optimize flight operations and reduce carbon emissions. Many of the world's leading airlines, including British Airways, Japan Airlines and Turkish Airlines, have adopted this solution to improve performance and save fuel.

Vietjet is rated 7/7 stars for safety by AirlineRatings and is the world's safest low-cost airline. The airline has also added a modern, fuel-efficient fleet with a technical reliability rate of 99.6%, among the world's leading. In cooperation with Honeywell and other leading aviation partners, Vietjet continuously invests in new technology to bring the best flying experiences to passengers around the world.

Source: https://nhandan.vn/vietjet-va-honeywell-thoa-thuan-hop-tac-tri-gia-11-ty-usd-post832901.html