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Agreements / Understandings / Contract Signings

Vietjet poised to transfer 50 Boeing aircraft to Vietjet Thailand

Vietjet and Boeing formally announced an agreement to transfer up to 50 Boeing 737 aircraft to Vietjet Thailand. The transfer of the said aircraft is part of a strategic initiative to strengthen aviation and tourism connectivity between Thailand, Vietnam, as well as other countries in the region.  The signing ceremony took place in the presence of Vietnamese Prime Minister Pham Minh Chinh and Thai Prime Minister Paetongtarn Shinawatra during the latter’s first official visit to Vietnam in over a decade. Boeing Southeast Asia president Penny Burtt said of the agreement: “We are pleased to partner with Vietjet and Vietjet Thailand to expand Boeing 737 operations in Vietnam and Thailand. Together, we aim to connect communities and drive economic development, paving the way for a prosperous future in Vietnam and the dynamic growth region that is Southeast Asia.” For her part, Vietjet chairperson Nguyen Thi Phuong Thao remarked: “The transfer of 50 modern and efficient Boeing 737-8 aircraft to Vietjet Thailand demonstrates our long-term commitment to sustainable aviation development in the region. We are determined to implement the ‘Three Connects’ Strategy between the two countries, encompassing supply chains, businesses, and localities.” A significant allocation Under the agreement, Vietjet will allocate 50 aircraft from its existing order of 200 Boeing 737s to Vietjet Thailand.  Deliveries are scheduled to begin in October 2025, significantly expanding Vietjet Thailand’s domestic and international network, particularly enhancing air links between Vietnam and Thailand.  As part of the agreement, Boeing will also provide Vietjet Thailand with comprehensive technical support, including pilot and engineer training, maintenance programs, and product services to ensure safe and efficient fleet operations in Thailand.  This new agreement marks a new milestone in the robust and effective cooperation between Vietnamese, Thai, and US enterprises, with shared priorities in digital transformation, sustainable development, and narrowing development gaps among member states.

Airlines and Aviation

Etihad Airways confirms order for 28 wide-body Boeing aircraft

Etihad Airways, the national airline of the United Arab Emirates, is further expanding its fleet, confirming an order for 28 wide-body Boeing aircraft. Since 2023, the airline has steadily grown its fleet as part of a long-term strategy to double in size by 2030. This reflects Etihad’s ongoing approach to aligning its fleet with evolving network and operational needs. The agreement includes a mix of Boeing 787 and 777X aircraft, powered by GE engines and supported by a services package. These aircraft are expected to join the fleet from 2028 onwards and will support Etihad’s existing plans for growth in connectivity, operational efficiency, and guest experience. “This commitment reflects our approach of carefully managing our fleet and expanding in line with demand and our long-term network plans,” said Antonoaldo Neves, Chief Executive Officer, Etihad Airways. “Since 2023, we’ve made consistent additions to our fleet, and this latest step ensures we continue to meet our future requirements.” Etihad is currently finalising a detailed plan that will shape the airline’s strategy through to 2035. The additional Boeing aircraft will form part of that evolving roadmap, ensuring the airline is well positioned to deliver extraordinary customer experiences and to remain financially self-sustainable. “This addition reflects Abu Dhabi’s ongoing investment in aviation as a key enabler of connectivity, tourism, and trade,” said Neves. “Etihad’s continued growth supports broader economic opportunity in the UAE and beyond.”    

Airlines and Aviation

Qatar Airways creates history with the Largest Boeing Widebody Order 

Qatar Airways  announced that the carrier has placed the largest aircraft order in its history with manufacturing partner Boeing.  As part of its strategic fleet growth plan, the landmark order includes up to 210 Boeing widebody jets – 160 firm and 50 option – which is the largest widebody order and the largest 787 Dreamliner order in the American aerospace company’s history. Qatar Airways has also signed an agreement GE Aerospace for more than 400 engines, including 60 GE9X and 260 GEnx engines, with additional options and spares, to power its next-generation Boeing 777-9 and Boeing 787 aircraft – the largest widebody engine purchase in the history of GE Aerospace. Qatar Airways’ Historic Boeing Widebody Order Qatar Airways Group Chief Executive Officer Engr. Badr Mohammed Al-Meer said: “We are happy to announce our agreement with Boeing and our partnership in the largest widebody aircraft order in Boeing’s history and the biggest aircraft order in our history. This is a critical next step for Qatar Airways on our path as we invest in the cleanest, youngest and most efficient fleet in global aviation.  This is so we can meet the strong demand in the airline as we seamlessly connect passengers to the world better than anyone.” He continued: “After two consecutive years of record-breaking commercial performance and with this historic Boeing aircraft order – we’re not simply chasing scale; we’re building strength that will allow us to continue to deliver our unmatched products and customer experiences. We thank our partners at Boeing for answering the call and look forward to a future of continued smart growth together.” The order includes: 130 787 Dreamliners, the long-range, ultra-efficient widebody airplane family that has delivered a 25% fuel-use improvement and superior comfort for passengers. 30 777-9s, the world’s largest twin-engine airplane that is designed to set new standards in efficiency by reducing fuel use and emissions by 25% compared to the airplanes it replaces, while elevating the passenger flight experience. Options for an additional 50 787 and 777X airplanes Boeing Commercial Airplanes President and CEO, Stephanie Pope, said: “We are deeply honoured that Qatar Airways has placed this record-breaking order with Boeing, one that solidifies their future fleet with our market-leading widebody airplane family at its centre. Our team is looking forward to building 787s and 777s for Qatar Airways into the next decade as they connect more people and businesses around the world with unmatched efficiency and comfort.” Qatar Airways currently operates more than 150 Boeing airplanes, including 777 and 787 passenger jets and 777 Freighters. With this new purchase, Qatar Airways will become the largest Dreamliner operator in the Middle East.  Qatar Airways’ Largest Widebody Engine Deal in GE Aerospace History The new GE Aerospace agreements solidify the company’s commitment to Qatar’s thriving aviation industry and build on the previous order for 188 GE9X engines, bringing the total to 248 engines. The addition of GEnx engines for the Boeing 787 fleet supplements their existing 124 engine order, further strengthening the national carrier’s commitment to efficiency and performance.  The two deals also include service agreements to cover the maintenance, repair, and overhaul of the GEnx and GE9X engines. Qatar Airways Group Chief Executive Officer Engr. Badr Mohammed Al-Meer, said: “Our latest agreement with GE Aerospace reflects our confidence in the performance of the GE9X and GEnx engines to power our fleet of Boeing 777-9 and 787 aircraft. These next-generation engines are critical components in our strategy to ensure our fleet remains modern and efficient. Qatar Airways has ambitious plans for the future, and we value our continued partnership with GE Aerospace and their commitment to supporting our operational needs.” GE Aerospace Chairman and CEO, H. Lawrence Culp, Jr., said: “We are extremely honoured to deepen our relationship with Qatar Airways and grateful to them for placing their trust in us with our largest ever widebody engine deal. Our widebody engines – the GE9X and GEnx – are marvels of modern engineering, with the durability and reliability to power flight across the longest distances. We appreciate President Trump’s support for this historic agreement.” Qatar Airways has one of the most modern fleets in the industry and these historic orders with Boeing and GE Aerospace will solidify that leadership for years to come.        

Airlines and Aviation

IndiGo adds Two more Boeing 787-9 aircraft

  IndiGo, is further expanding its long-haul capabilities by  signing another firm agreement with Norse Atlantic Airways for the damp lease of two additional Boeing  787-9 Dreamliner aircraft. These aircraft, the fifth and sixth in this partnership, are expected to start  operations by early 2026, serving long haul routes out of India. This agreement builds upon the existing partnership between IndiGo and Norse Atlantic Airways. Earlier this  year, IndiGo signed firm agreements for the damp lease of one Boeing 787-9 aircraft, followed by another  firm agreement in quick succession for three more Boeing 787-9 Dreamliner aircraft. The total number of  wide-body aircraft under this strategic collaboration now stands at six, one of which has already arrived and  operating on IndiGo’s Delhi–Bangkok route from March 1, 2025. Pieter Elbers, CEO, IndiGo, says, “We are pleased to deepen our partnership with Norse Atlantic Airways by  signing our third agreement for addition of two more Boeing 787-9 aircraft. This move reinforces our  commitment to international growth and our customers, promising to introduce more options on long-haul  routes. As we accelerate towards our vision of becoming a global airline by 2030, this partnership enables  us to bolster our wide-body operations while staying rooted in our India-first approach.” The initial term of the lease is six months, extendable up to 18 months, and is subject to regulatory  approvals. This continued momentum underscores IndiGo’s commitment to offering world-class travel experiences  while unlocking new global destinations for Indian travellers.  

Air

Boeing 787 Dreamliner fleet passes the 1bln passengers milestone

Boeing shared that the 787 Dreamliner fleet has surpassed 1 billion passengers faster than any widebody commercial airplane in history, accomplishing the feat in less than 14 years since entering service. The global 787 fleet of more than 1,175 airplanes has flown nearly 5 million flights covering more than 30 million flight hours. “This milestone would not have been possible without the trust and confidence of our customers in operating the 787, and we are incredibly grateful for each of them,” said Scott Stocker, Boeing 787 program vice president and general manager. “The 787 Dreamliner family was designed to connect people and places like never before. Flying over 1 billion passengers in this relatively short time is a testament to how the airplane has delivered on its promises to transform air travel with operational versatility, efficiency and comfort. This achievement reflects the dedication, talent and innovation of the teammates and partners who have brought the 787 family to life. To every operator flying the 787 and every one of the 1 billion passengers who have flown on a Dreamliner, thank you.” Join the celebration Boeing is inviting everyone connected to the 787, including operators, passengers, suppliers and Boeing employees to share their memories on social media using #Dreamliner. By the numbers: 787 Dreamliner since entering service in 2011 1 billion+ passengers, 1,175+ jets, nearly 5 million flights, 30+ million flight hours Bestselling passenger widebody: 2,000+ orders from 89 customers The Dreamliner fleet operates across 85+ countries at 520+ airports, including 425+ new nonstop routes to destinations that were never served previously 2,100 flights each day: 480,000+ passengers daily and about 14.5 million people a month On average, each 787 is in the air more than 12 hours per day — showcasing strong global demand and reliability. Longest nonstop route: London to Perth (7,829 nmi), flown by Qantas Shortest nonstop route: Aruba to Curaçao (65 nmi), flown by TUI The 787 family is 25% more fuel efficient than the airplanes it replaces, thanks in large part to new engines, an expanded use of lightweight composite materials, more efficient systems applications and modern aerodynamics.  

Airlines and Aviation

China’s Juneyao Airlines Co delays Boeing Jet delivery as Tariffs war continues

China’s Juneyao Airlines Co. is delaying delivery of a Boeing Co. widebody aircraft,  highlighting how the escalating trade war between Washington and Beijing is driving up the price of big-ticket goods. As informed by a news report from Bloomberg. Juneyao was due to take delivery of the 787-9 Dreamliner, valued at about $120 million, from the US planemaker in about three weeks but will now hold off due to President Donald Trump’s tariffs on China, said the people, asking not to be identified discussing information that’s private. Beijing has instituted retaliatory tariffs on US-made goods. Juneyao didn’t immediately respond to a request for comment. Boeing declined to comment. Boeing shares fell in New York after Bloomberg News reported on the delivery delay. The stock declined as much as 2.3%, reversing earlier gains. The Chinese airline joins a growing list of companies on both sides of the dispute suspending the exchange of goods due to the punishing levies. Tesla Inc. has stopped taking orders in China for Model S sedans and Model X sport utility vehicles — both of which are imported from the US. The budding trade war represents the latest setback for Boeing in a market forecast to make up 20% of global aircraft demand over the next two decades. In 2018, nearly a quarter of the US planemaker’s output ended up in China, but it hasn’t announced a major order there for years. For Shanghai-based Juneyao, the postponement risks delaying its international expansion. The airline had planned to increase flights to Europe, including Brussels and Athens, from the summer. Those additional routes were reliant on deliveries of long-range Boeing aircraft. Juneyao has a fleet of more than 100 planes, mainly Airbus SE single-aisle jets and nine Boeing 787s. Source: Bloomberg

Airlines and Aviation

Qatar Airways nears Boeing 777 fleet-wide starlink upgrade, set to expand to Airbus A350 this Month

Qatar Airways, the largest global airline offering Starlink’s high-speed internet on-board, is now a few aircraft away from completing its Boeing 777 fleet-wide upgrade. The airline’s rapid rollout reinforces in-flight innovation leadership and marks one of the fastest and most ambitious Starlink installations in the aviation industry. In its latest global first, Qatar Airways will begin equipping its Airbus A350 fleet with Starlink Wi-Fi this month, becoming the first airline in the world to bring this cutting-edge connectivity to passengers onboard the Airbus A350 aircraft type. This expansion follows the airline’s success with the Boeing 777 and will see even more passengers enjoying fully complimentary, ultra-fast Wi-Fi for streaming, gaming, and working seamlessly at 35,000 feet. Qatar Airways Group Chief Executive Officer, Engr. Badr Mohammed Al-Meer, said: “We are just a few aircraft away from completing a full fleet-wide upgrade of our Boeing 777s with Starlink connectivity—an industry-first for a widebody fleet of this scale. In April, we will become the first airline in the world to begin equipping the Airbus A350 with Starlink, taking another bold step in our journey of redefining connectivity in the skies. We affirm our continual efforts to enhance our onboard WiFi experience, ensuring passengers enjoy greater comfort, convenience, and service.” With more than 80 per cent of its Boeing 777 fleet equipped with Starlink, the airline has operated more than 6,000 global flights with unparalleled and fastest gate-to-gate internet WiFi connectivity, unmatched by any other airline in the MENA region.      

Airlines and Aviation

Emirates to roll out upgraded Boeing 777s on all three flights to Riyadh

Emirates plans to introduce newly retrofitted Boeing 777s on its second and third daily flights between Dubai and Riyadh, starting from 30 March and 7 May respectively. The airline aims to offer customers more opportunities to experience its latest generation Business Class seats, as well as highly acclaimed Premium Economy product, making it easier than ever to explore and connect to Dubai and beyond in style and comfort. The planned upgrades to the retrofitted Boeing 777s will make the Kingdom’s capital the first in the Middle East/GCC and among one of the few destinations in the airline’s network to be served exclusively with its latest retrofitted aircraft. Emirates’ enhanced Boeing 777s will operate as follows: EK815 and EK816 operate with a refurbished Emirates Boeing 777 starting 30 March 2025. * From 7 May 2025, Emirates will operate the refurbished Boeing 777 on its third service, EK 817 and EK 818, starting with six flights per week; and from 11 August 2025, the aircraft will be deployed daily. * The newly refurbished Emirates Boeing 777, featuring the airline’s best-in-class products, was first introduced to Riyadh in October 2024 on flights EK819 and EK820. Following positive customer feedback and demand, Emirates is expanding its Boeing 777 premium products for a better experience in the skies across every cabin class. The airline plans to increase its network of cities served by more of this fleet type in the coming weeks and months. The latest refurbished Emirates Boeing 777s include Premium Economy seats arranged in a 2-4-2 layout, offering enhanced comfort and space. The upgraded Business Class cabin features a 1-2-1 configuration with direct aisle access, providing even more privacy and convenience. Emirates’ refurbished aircraft also boasts First Class suites and a refreshed Economy Class cabin. In November 2024, Emirates also introduced Chauffeur-Drive Services (CDS) in Riyadh, offering First and Business Class passengers a premium door-to-door journey that reflects the airline’s exceptional onboard experience and premium services. Riyadh is the first and only regional destination offering CDS for premium customers, and Emirates is the only airline exclusively offering this service in Riyadh. The airline currently operates 72 weekly flights to all four gateways in Saudi Arabia on a mixed fleet of Boeing 777s and A380s.    

Air

Malaysia Aviation Group acquires 30 new Boeing aircraft

Malaysia Aviation Group (MAG) announced the acquisition of 30 new aircraft directly from The Boeing Company on Friday, 21st March. These new aircraft are part of MAG’s fleet modernisation strategy, and the order includes 18 Boeing 737-8 and 12 Boeing 737-10 aircraft powered by the CFM International LEAP-1B engines, with options for 30 more 737 aircraft. A commemorative ceremony graced by Malaysian Prime Minister Anwar Ibrahim was held in Putrajaya to mark the acquisition. MAG has an existing order for 25 Boeing 737-8 aircraft through a long-term lease with Air Lease Corporation, with 11 already delivered and the rest scheduled for delivery by 2027.  Currently, the aviation firm operates a fleet of 113 aircraft system-wide, including 42 Boeing 737-800s under Malaysia Airlines and five under Firefly. A strategic move This move reinforces MAG’s position as a competitive and agile aviation group while strengthening its role in enhancing regional connectivity across key markets.  The introduction of the Boeing 737-10 will also mark a significant milestone, as it will be the first narrowbody aircraft in its fleet to feature lie-flat Business Class seats, elevating the premium travel experience on regional routes. With these new additions, MAG will gradually phase out the older generation Boeing 737-800 aircraft operated by Malaysia Airlines, aiming for a modernised narrowbody fleet of 55 Boeing 737-8 and Boeing 737-10 aircraft by 2030. According to MAG group managing director Izham Ismail: “The Boeing 737 has been a cornerstone of our fleet since 1969, with the introduction of the first 737-100 during the Malaysia-Singapore Airlines era. It has since played a vital role in supporting the growth of our national airline. The selection of the 737-8 and 737-10 reflects a careful evaluation of our long-term growth strategy, ensuring we have the right aircraft to meet evolving market demands. These next-generation aircraft offer greater fuel efficiency, extended range, and enhanced passenger comfort. By balancing operational needs with an elevated travel experience, we are strengthening our commitment to delivering a seamless and enjoyable journey for our passengers. Ismail added that the investment represents a bold step in securing MAG’s future, enhancing its ability to respond to market opportunities, drive greater value across our operations, and support the broader aviation ecosystem.  He said: “It also enables us to future-proof our fleet, ensuring we remain competitive, adaptable, and well-positioned for sustainable growth.”

Airlines and Aviation

Emirates introduces retrofitted Boeing 777s to Seoul and London Stansted

Emirates will expand the list of cities served by its refurbished Boeing 777 to Seoul, South Korea starting 14 April* and London Stansted in the UK from 7 May*, as aircraft sporting upgraded cabins roll out of Emirates’ retrofit programme and into scheduled service. Emirates’ four-class Boeing 777 will launch on flights EK324/325 between Dubai and Seoul, operating three times a week on Mondays, Wednesdays, and Fridays. The upcoming deployment makes Seoul the second East Asian destination to receive Emirates’ upgraded Boeing 777 retrofitted aircraft, including its award-winning Premium Economy and newly configured Business Class cabin, offering customers more choice and a better experience in the skies. By July 2025, travellers flying eastbound with Emirates will have access to more than 3,150 weekly seats in Premium Economy on a mix of Boeing 777s and A380s across six key destinations in Southeast and East Asia, including Tokyo-Narita, Tokyo-Haneda, Osaka, Singapore, Seoul, and Shenzhen. London Stansted joins London Heathrow and Edinburgh as the third UK destination to showcase the airline's latest generation products and elegantly refreshed cabin interiors. In addition to London Stansted, Emirates’ network of European destinations served by the four-class Boeing 777 includes Brussels, Geneva, Zurich, Vienna, and Athens. Enhanced onboard experience The retrofitted Emirates Boeing 777 aircraft features a four-class configuration, including Emirates’ signature Premium Economy cabins, which combine accessible luxury with comfort. The aircraft also boasts the new Emirates 777 Business Class, with seats arranged in a 1-2-1 configuration for maximum privacy ensuring aisle access for every passenger, fully flat beds, and personal mini-bars. On some aircraft, First Class passengers can experience the exclusive Gamechanger suites, offering unparalleled luxury, opulent comfort and signature design touches. Customers across all cabins will enjoy upgraded interiors with new design elements, including modern colour palettes, specially designed Ghaf Tree motifs, and wood finishes throughout.    

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