Vietnam Airlines to auction three narrow-body aircraft

By Anh Tu   July 11, 2023 | 07:17 pm PT
Vietnam Airlines to auction three narrow-body aircraft
A Vietnam Airlines Airbus A321 aircraft takes off at Tan Son Nhat Airport, HCMC, January 2021. Photo by VnExpress/Quynh Tran
Vietnam Airlines is set to auction three narrow-body aircraft Airbus A321CEO at a starting price of $5 million apiece in this quarter.

The three jets were made in 2007 and are currently at Noi Bai International Airport and Tan Son Nhat International Airport.

In 2020 the state-owned carrier sold five Airbus A321 aircraft for $7.4 million apiece.

Selling jets was part of the airline’s plan to restructure its fleet and increase post-pandemic income.

The airline now has a fleet of 94 jets, including 65 A321 jets with an average age of just over 9 years, according to aircraft data provider Planespotters.

Vietnam Airlines served over 10 million passengers in the first half of this year, up 23.6% year-on-year.

Its revenue rose by nearly half to over $1.91 billion, almost the same as in 2019.

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