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Vietnam Airlines purchases more ATR 72 - 500s

Vietnam Airlines signed contract to day with French ATR (Toulouse, southern France base aircraft manufacturer) today for the purchase of 6 new airplanes ATR 72-500s, valued at over US$ 112 million.

Delivery schedule for the contract is short from June 2009 to Feb 2010. "It shows best efforts and commitment from ATR for its potential customers, who bares ambitious development strategy", said Mr. Pham Ngoc Minh, Vietnam Airlines CEO at the contract ceremony.

With these additional aircrafts, and including the existing 10 ATR 72 aircrafts in operation, Vietnam’s National flag carrier will expand its fleet of ATR 72-500s up to 14 aircrafts by 2010.

By 2010, Vietnam Airlines will possess a greatest fleet of ATR 72 -500s in ASEAN. Pic by Thong Nguyen: An ATR 72 in Muong Thanh Airport, Dien Bien city

The previous contract purchase of Vietnam Airlines with ATR was in December, 2007 with 5 ATR 72 aircrafts. Until 2010, Vietnam will have the most crowded fleet of ATR 72 - 500s in ASEAN with 14 aircrafts.

The purchase contract, explained by Vietnam Airlines CEO Pham Ngoc Minh is to be "ready for the recovery of air travel market and regain its growth rate".

The ATR fleets will operate in short haul international routes to Laos: Vientiane and Luang Prabang and Cambodia: Siem Reap and Phnom Penh, in domestic routes from Ho Chi Minh city to Mekong delta provinces, Phu Quoc island, Con Dao Island, and from Hanoi to Northern mountainous provinces.

The National airline currently operates a young fleet of 50 modern aircraft and plans to expand its fleet to 104 and 150 aircraft by 2015 and 2020, respectively.

With the development program of renewal the fleet, the airlines expected after 2011, it will operate with new models aircrafts of Airbus A 321; Airbus A350 and Boeing 787./.

ODA pledged $ 5.014 bln to Vietnam for fiscal year 2009Vietnam Central bank introduces new Benchmark rate at 8.5%

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