Sun Phu Quoc Airways bought 40 Boeing aircraft worth 22.5 billion USD

The contract signing ceremony between Sun PhuQuoc Airways (part of Sun Group) and Boeing took place on February 18 (local time) in Washington DC under the witness of General Secretary To Lam and senior leaders of the two countries, on the occasion of General Secretary To Lam’s trip to the US to attend the Peace Council meeting on Gaza at the invitation of President Trump.

The choice of the Boeing 787-9 Dreamliner shows Sun PhuQuoc Airways’ orientation to develop its long-haul flight network. Belonging to the 787 Dreamliner wide-body aircraft line, the 787-9 model has a capacity of about 296 passengers and a maximum flight range of 14,010 km, allowing for continuous flights of up to 16 hours, creating conditions for opening direct flights connecting Phu Quoc with the US, key economic and tourist centers in Europe such as the UK, Czech Republic, France, Germany, the Middle East, CIS countries, Japan and Australia. in the future.

According to the manufacturer’s specifications, the 787-9 saves about 20-25% of fuel and reduces emissions compared to the previous generation, consistent with the direction of efficient and sustainable exploitation. Introducing this aircraft line into the airline’s fleet is expected to support the formation of direct transcontinental routes from Phu Quoc, thereby expanding the international connectivity of this destination.

Speaking at the signing ceremony, Mr. Dang Minh Truong, Chairman of the Board of Directors of Sun Group, said that the cooperation with Boeing lays the foundation for building a world-class airline, synchronized with the luxury tourism and resort ecosystem that the group is developing. “We chose the Boeing 787-9 because of its outstanding operational performance and suitability to realize the vision of bringing Phu Quoc to the world and bringing the world to Phu Quoc,” Mr. Truong added.

In the context that Vietnam ranks 7th among the US’s largest trading partners in 2025, with a bilateral turnover of nearly 171 billion USD, large-scale contracts in high-tech fields such as aviation contribute to promoting bilateral economic and trade cooperation between Vietnam and the US, showing the initiative of Vietnamese businesses in the global aviation value chain.

The $22.5 billion deal helps Sun PhuQuoc Airways improve its capacity to operate transcontinental routes, while also participating more deeply in the US aviation production and service value chain through Boeing’s production and supply activities. The order is assessed to contribute to creating more jobs and promoting production in the US, thereby strengthening economic cooperation between businesses of the two countries.

Expanding connection capacity with a fleet of wide-body aircraft is expected to create favorable conditions for the flow of tourists, investment and trade between the two countries, thereby contributing to the goal of improving competitiveness and strengthening economic relations between Vietnam and the US in a stable and sustainable direction.

According to Ms. Stephanie Pope, President and General Director of Boeing Commercial Airplanes, 40 787 Dreamliner aircraft are the first direct purchase order of Sun Phu Quoc Airways and also the largest Boeing wide-body aircraft order in Vietnam. “This order represents a vision to connect Phu Quoc with the world and build a high-end full-service airline. The 787 Dreamliner is the right aircraft line to accomplish that goal,” said Ms. Stephanie Pope.

According to Boeing’s forecast, Vietnam is the aviation market with the fastest growth rate in Southeast Asia, approximately 8% per year until 2030. With a plan to expand its fleet to 100 aircraft by 2030, Sun PhuQuoc Airways aims to serve the high-end travel segment and strengthen Phu Quoc’s connection with domestic and foreign markets.

Sun PhuQuoc Airways is invested and developed by Sun Group according to the resort airline model, focusing on operating direct flights connecting Phu Quoc with tourist and economic centers. The airline completed the necessary certifications from the Vietnam Aviation Administration to put it into commercial operation. From August 2025 to February 2026, the fleet size will be increased to 10 ships. In the months of December 2025 and January 2026, the airline recorded a high rate of on-time flights among domestic airlines.

From now until the end of the year, the airline plans to connect Phu Quoc with many international destinations such as Taiwan – China (Taipei, Kaohsiung) Korea (Seoul, Busan), Thailand (Bangkok), Singapore, Hong Kong and India (Mumbai, New Delhi).