July 19, 2026

Vietnam Airlines to Expand Fleet with 30 New Planes in $10B Investment Plan by 2032

Vietnam Airlines Crew
Reading Time: 2 minutes

Vietnam Airlines has launched an aggressive plan to expand its fleet, aiming to acquire or lease 30 wide-body aircraft—either Airbus A350-900 or Boeing B787-9—by the years 2028 to 2032.

As part of this strategy, the airline recently issued a preliminary request for information from suppliers, inviting them to provide specifications regarding aircraft types, numbers, delivery schedules, and potential contract values by October 8. With a price tag expected to exceed US$10 billion for all 30 planes—not counting possible bulk discounts—this ambitious expansion underscores Vietnam Airlines’ commitment to growing its operational capabilities.

Currently, the airline boasts a fleet of 31 wide-body aircraft, including 14 A350-900s and 17 Boeing 787s. Additionally, it operates 65 narrow-body Airbus A321s and A320s alongside six ATR-72s. However, CEO Dang Ngoc Hoa has highlighted a pressing need for at least 52 wide-body and 112 narrow-body planes by 2035 to accommodate growing demand and expand its route network.

In April, the airline received government approval to add 50 narrow-body aircraft, a move projected to cost about VND92.8 trillion (approximately US$3.5 billion). However, Hoa noted that this addition barely scratches the surface of what is necessary for continued growth. “If manufacturers can’t deliver before 2030, we may have to consider leasing more aircraft for 2027 and 2028,” he remarked, painting a picture of urgency in the face of evolving market dynamics.

Vietnam Airlines currently operates around 400 flights daily to 21 domestic and 29 international destinations. This year, it has successfully revived or launched 15 international routes in key markets, significantly including Italy, Russia, China, the UAE, Japan, South Korea, and India.

Like many in the industry, however, the airline has faced challenges stemming from an aircraft shortage, exacerbated by complications with Pratt & Whitney engines on its Airbus A321s. As of mid-2025, about 15 of these A321s remain grounded, with four Airbus A350s also undergoing repairs. As the world begins to emerge from the shadow of the pandemic, one might say the sky has never been clearer for an ambitious airline aiming to soar higher.

Questions & Answers

What types of aircraft is Vietnam Airlines looking to acquire?
Vietnam Airlines is considering either the Airbus A350-900 or the Boeing B787-9 for its planned acquisition of 30 wide-body aircraft.

What is the estimated cost of expanding the fleet?
The total cost for acquiring all 30 aircraft is expected to exceed US$10 billion, not including any potential bulk discounts.

How many flights does Vietnam Airlines operate daily?
The airline operates approximately 400 flights each day, connecting 21 domestic and 29 international destinations.

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