Congrats to the UK aerospace sector, you just received a big surprise gift! VietJet announced an agreement with engine maker Rolls Royce to buy 92 Trent 7000 engines. The landmark agreement was finalized during a visit between UK Prime Minister Keir Starmer and Vietnamese General Secretary To Lam. It signifies an exciting moment of real investment in the UK’s manufacturing capability. The United Kingdom will make the engines. They are expected to provide full power-by-the-hour support for VietJet’s fleet of 40 Airbus A330neo aircraft.
The collaboration further emphasizes VietJet’s aspirations to branch out from its narrow body, ASEAn-centric operations. The carrier has locked in an engine agreement and placed orders for Airbus A321neo family jets. This move adds to its momentum and growth strategy in the aerial mobility space.
Sue Partridge, an Airbus business representative, highlighted why this agreement was so critical. It will be a huge win-win for the aviation colossus and the UK economy.
“This deal is really important for Airbus and really important for the UK.” – Sue Partridge
While the UK government is proactively batting for the aviation sector with large-scale investment, they have committed £20.4 billion for research and development programs throughout the country, stretching until April 2026. This funding is just the first step of a larger ‘Plan for Change’ that would restore these critical industries and warranty a new economic prosperity.
Heidi Alexander, Secretary of State for Transport and MP for Swindon South. She managed to deliver with enthusiasm the message that the government was intent on stimulating the economy with these agreements.
“It’s all about making sure that we get the economy firing on all cylinders.” – Heidi Alexander
The VietJet-Rolls Royce deal will very likely electrify the job creation sector. Projections estimate that it will produce upward of 30,000 good-paying jobs and pump over $3 billion into the region’s economy. This partnership deepens connections between the UK and Vietnam. It underlines the vital importance of international partnerships in developing new technology and driving innovation in the aerospace industry.