Vietnam Airlines to auction three aircraft

HO CHI MINH CITY: National flag carrier Vietnam Airlines has announced it plans to sell three A321 CEO aircraft through an auction in the third quarter.

The jets were manufactured in 2007 and would have a starting price of US$5mil (RM23mil) each, it said.

The airline has chosen an asset auction unit to handle the sale of these aircraft, which bear Vietnamese nationality and are identified by their respective serial numbers: A350, A351, and A352.

The jets are currently parked at Ha Noi’s Noi Bai International Airport and HCM City’s Tan Son Nhat International Airport.

The auction is part of the carrier’s efforts to renew its aircraft that are more than ten years old and to improve its financial situation impacted by the economic turmoil and the pandemic.

In 2020, the company successfully sold five A321 jets for a total of US$37mil (RM169mil), averaging US$7.4mil (RM33.7mil) per aircraft.

In 2021, the airline also announced an auction for 11 Airbus A321 CEO aircraft that had been in service for over 12 years. — Viet Nam News/ANN

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