The order, announced by the low-cost carrier at the Farnborough air show in Farnborough, the United Kingdom, on July 22, is the first widebody one.

Vietjet first entered into a provisional deal with Airbus for the purchase of the 20 A330neos at the Singapore air show in February. At the time, the airframer said it expects the first example will be delivered to Vietjet in 2026.

The new aircraft will replace the low-cost operator's fleet of A330-300s and will "and support the airline's strategic plan to expand its intercontinental flight network".

Vietjet chair Nguyen Thi Phuong Thao said, the new A330neo aircraft strategically enhance Vietjet's fleet development, boosting the airline's operational capacity to support its global expansion.

Vietjet will be the latest low-cost operator in Asia to take the A330neo, after Cebu Pacific in the Philippines, and Lion Air in Indonesia.

The commitments add to Vietjet's growing orderbook, which includes over 100 Airbus A320neo-family jets and commitments for 200 Boeing 737 Max aircraft.

Vietjet Aviation Joint Stock Company has been honored as one of Viet Nam's 50 best listed companies in 2024 by Forbes Magazine.

Forbes's rankings acknowledge firms with the best business and financial performances listed on the local stock exchanges, including large-, medium-, and small- companies.

Honored firms this year were rated based on their audited business reports in 2023.

Vietjet is a fully-fledged member of International Air Transport Association (IATA) with the IATA Operational Safety Audit (IOSA) certificate.

As Viet Nam's largest private carrier, the airline has been awarded the highest ranking for safety with 7 stars by the world's only safety and product rating website airlineratings.com and listed as one of the world's 50 best airlines for healthy financing and operations by Airfinance Journal in many consecutive years.

The airline has also been named as Best Low-Cost Carrier by renowned organizations such as Skytrax, CAPA, Airline Ratings, and many others./.