VietJet Air and Safran sign a contract of service, SFCO2®

Le Bourget, June 21, 2017 – Safran has signed an agreement with VietJet Air, the leading private airline in Vietnam, a contract of service, SFCO2® which will allow the company to reduce its fuel consumption.

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For a period of five years, the contract takes effect in 2017 and covers the whole of the fleet of the company based in Ho Chi Minh City. It will allow VietJet Air to improve its operational efficiency by reducing its fuel consumption and its CO2 emissions. The agreement is accompanied by operational recommendations issued by teams of Saffron, and a Web application that is special that allows the company to track its progress and potential cost savings.

The solution SFCO2® combines the expertise of the Safran Aircraft Engines, the world’s leading provider of engines for civil aviation, and the expertise of Safran’s Electronics and Defense in the analysis of the data of volume

“We are convinced that the service SFCO2® Saffron will enable us to achieve our goals in terms of fuel consumption, thus combining economic and environmental performance,” said Dinh Viet Phuong, vice president of Vietjet.

“We are honored by the trust we earn from VietJet Air on the occasion of this contract. Over the next five years, we will help the company in its daily operations and in its growth dynamic, ” stated François Planaud, director general of the division Services and Spare parts to Safran Aircraft Engines. “The choice of VietJet Air, in our favour, attests to the effectiveness of our service, SFCO2® and also demonstrates the recognition we have in the world for our expertise in solutions that reduce the consumption of fuel. ”

The first item of expenditure for an airline, fuel costs represent 25 to 30 % of its direct operational costs. In analyzing the aspects related to flight operations and maintenance, service, SFCO2® is issuing procedures and recommendations, allowing companies to meet their needs for savings.

This complete solution enables companies to reduce up to 5 % of their consumption. For a fleet of 20 single aisle aircraft, flying an average of 3 500 hours/year, this corresponds for example to an annual savings of $ 5 million, and avoids at the same time the emission of 26,000 tonnes of CO2 into the atmosphere.

About VietJet Air
Founded in 2007, Vietjet has officially launched its operations in December 2011. In five years of operations, the company has transported more than 35 million passengers and was awarded 32 prizes of domestic and 9 international awards, as contained, inter alia, the ranking of ” Top 500 Brands in 2016 for Asia. VietJet Air has also been devoted to “the best airline in asia at low cost,” at the TTG Travel Awards 2015. The company currently operates a fleet of 45 aircrafts, including A320 and A321 aircraft, and operates more than 300 daily flights. VietJet Air offers 63 routes in Vietnam in the region, and serves many international destinations : Hong Kong, Thailand, Singapore, South Korea, Taiwan, Malaysia, Cambodia, China and Myanmar. For more information, please visit the site www.vietjetair.com.

About Saffron

Safran is an international high-technology group, a leading original equipment manufacturer in the fields of Aeronautics and Space (propulsion, equipment), Defence and Security. Located on all continents, the Group employs 70 000 people for a turnover of 17.4 billion euros in 2015. Saffron is a company listed on Euronext Paris and is part of the CAC 40 and Euro Stoxx 50

Safran Aircraft Engines designs, produces and markets, alone or in cooperation, engines for the aeronautical civil and military to the highest levels of performance, reliability and respect for the environment. The company is, in particular, through CFM International*, the world leader in the propulsion of commercial aircraft short-and medium-haul.

*CFM International is a joint company 50/50 joint venture of Safran Aircraft Engines and GE.

For more information : www.safran-group.com and www.safran-aircraft-engines.com / Follow @Saffron and @SafranEngines on Twitter

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