Sun PhuQuoc Airways to operate Airbus jets, in talks with Boeing for Dreamliner
1. Vietnam's Sun PhuQuoc Airways to use Airbus A321neo aircraft. 2. This may influence Boeing's competitive stance in the aircraft market.
FAQ
Why Bearish?
Boeing's market share might decline due to Airbus gaining traction in Vietnam, similar to their past rivalry in commercial aviation with emerging carriers opting for Airbus due to cost advantages.
How important is it?
The establishment of a new competitor utilizing Airbus jets underlines ongoing competitive challenges for Boeing, possibly affecting its market position.
Why Long Term?
The strategic choice of new airlines like Sun PhuQuoc Airways may set a precedent impacting BA's future operations and partnerships in Vietnam and the region for years.