Vietnam Airlines Orders Boeing 787-8 Dreamliners

Vietnam Airlines signed earlier this week a firm agreement for the purchase of four Boeing 787-8 Dreamliners. The new airplanes, which are valued at $500 million at list prices, are scheduled for delivery in 2009 and 2010. The agreement also includes purchase rights for eleven additional airplanes between 2010 and 2013.

"This is another great step as Boeing and Vietnam Airlines continue to build our strong, longstanding relationship," said Alan Mulally, president and CEO of Boeing Commercial Airplanes. "The competitive advantages of the 787 Dreamliner will help Vietnam Airlines continue its incredible growth and the development of its global route structure."

Vietnam Airlines plans to use the 787-8 to expand its route system and to replace some existing airplanes. The airline has not yet made an engine selection.

Vietnam Airlines has a significant international route system, connecting Hanoi and Ho Chi Minh City to major world cities including Moscow, Paris, Beijing, Sydney and Melbourne, Seoul, Osaka, Tokyo, Taipei, Manila and many others.