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Vietnam Airlines to Lease 12 Widebody Aircraft

Vietnam Airlines to Lease 12 Widebody Aircraft for 2028–2030 Expansion
HANOI, March 25, 2026 — Vietnam Airlines is advancing its long-haul fleet expansion by preparing to launch a binding tender to lease 12 widebody aircraft under dry-lease agreements. This initiative supports the carrier’s operational strategy for the 2028–2030 period and follows a comprehensive market survey conducted in September 2025. The move represents a significant step in strengthening Vietnam Airlines’ international network.
From Market Survey to Binding Tender
In September 2025, Vietnam Airlines issued a Request for Information (RFI) to aircraft manufacturers and lessors, seeking data on up to 30 widebody aircraft, including models such as the Airbus A350-900 and Boeing 787-9/10. The RFI, published on the airline’s official procurement website, was non-binding and aimed at gathering detailed information on aircraft availability, delivery schedules, leasing and purchase options, cabin configurations, and indicative commercial terms. Responses were collected by October 8, 2025, providing the airline with essential market intelligence to guide its fleet planning.
Building on this foundation, Vietnam Airlines is now preparing to issue an official, binding tender for 12 widebody aircraft. Unlike the exploratory RFI, this tender will culminate in contracts for aircraft deliveries scheduled between 2028 and 2030, marking a concrete implementation of the airline’s fleet expansion strategy.
Strategic and Market Context
Vietnam Airlines currently operates a long-haul fleet composed of Airbus A350s and Boeing 787 Dreamliners. The planned addition of 12 widebody aircraft aims to meet rising international passenger demand, replace or supplement older leased aircraft as contracts expire, and support the airline’s objective of operating a larger, more efficient fleet by 2030. This expansion also reflects a strategic effort to optimize leasing arrangements and capital expenditures.
The move occurs amid intensifying competition in the region, with major carriers such as United Airlines and Korean Air also expanding their widebody fleets. This competitive environment may increase pressures in both procurement and operational domains, potentially prompting Vietnam Airlines’ rivals to adjust their fleet compositions and strategies to maintain market share.
Operational and Financial Considerations
Industry analysts observe that Vietnam Airlines’ focus on dry-leasing offers flexibility and cost efficiency, a common approach among airlines seeking to expand long-haul capacity without significant upfront capital investment. However, this strategy is likely to attract scrutiny regarding the airline’s financial health and its capacity to manage the operational complexities associated with integrating a larger widebody fleet.
Furthermore, the global market for aircraft floor panels—critical components for customizing and retrofitting widebody cabins—remains highly competitive. Brand influence plays a significant role in widebody completions, which could affect both the cost and timeline of aircraft integration for Vietnam Airlines.
Outlook
Vietnam Airlines’ forthcoming tender, as reported by Vietnam Investment Review, signals a transition from market exploration to actionable procurement. Airbus, Boeing, and leading leasing companies are expected to compete to fulfill the airline’s delivery and operational requirements for 2028–2030. As the process unfolds, industry stakeholders will closely monitor Vietnam Airlines’ ability to navigate competitive pressures, operational integration challenges, and financial considerations.

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