Vietnam Airlines (VN, Hanoi Noi Bai International) is planning to sell off three ATR 72-500s and two B777-200(ER)s as the carrier looks to improve its international profile. In an investors prospectus availed to shareholders ahead of the first AGM later this month, Vietnam Airlines said that while the ATR 72 aircraft were fully depreciated, the B777-200ERs, having been in operation for 10 years, could no longer ensure the high standard of service required to keep the carrier competitive.
Overall, the Vietnam News Service (VNS) says Vietnam Airlines will invest almost VND21 trillion (USD0.94 billion) into its fleet renewal plans which this year, will see new A321s as well as the A350-900s and B787-9s arriving.
