Topic: Boeing

South Korea’s KP Aero Industries to invest $20 million in central city plant assembling components for Boeing 787 and 737 aircraft.

Mr. Thomas Sanderson, Marketing Director of Boeing Commercial Airplanes, has said Southeast Asia will need about 4,200 new aircraft over the next 20 years, with Vietnam to account for a significant proportion. Growth in the country’s aviation sector in terms of passengers, cargo, and aircraft numbers has increased 5-7 times more than the regional average.

The Vietnam International Aviation Exhibition (VIAE 2022) is being held from September 15 to 17 in Hanoi and will attract more than 50 domestic and foreign enterprises, manufacturers, training schools, and airlines. It will also link businesses and introduce advanced services, products, and technologies. Boeing from the US and Embraer from Brazil are sponsors.

At the Boeing Aerospace Industry Forum in Hanoi on August 25, a Boeing representative said it is trying to become a strategic partner with Vietnam and boost the capacity of the country’s aerospace industry to international standards. Like Samsung and Intel, Boeing is promoting connections with suppliers and universities in Vietnam to establish foundations for long-term development.

Vietjet Air and Boeing signed an agreement during the Farnborough International AirShow 2022 in the UK from July 18 to 22 on restructuring and continuing with a contract for 200 Boeing 737 aircraft. Vietjet’s order, totaling $35 billion, includes aircraft and engineering services.