COPENHAGEN, Denmark, 22 October, 2026 – During the Vietnam-Denmark Business Forum in Copenhagen, in the presence of H.E. To Lam, General Secretary and President of Vietnam, His Majesty King Frederik X of Denmark and high-ranking dignitaries of both countries, Vietjet and Satair, an Airbus Services company, have exchanged a strategic Memorandum of Understanding (MOU) to deepen their long-term cooperation across aviation supply chain, material management, and lifecycle solutions.

The agreement marks a new milestone in the partnership between the two companies, connecting Satair’s global aviation supply and services capabilities with Vietjet’s growing demand for fleet, international network expansion, and technical infrastructure development, while contributing to strengthening Vietnam’s aviation supply chain capabilities.

Building upon the success of the existing Integrated Material Services (IMS) program supporting Vietjet’s growing Airbus fleet, the strategic agreement sets out a framework to explore expanded material solutions, digital optimization, and operational resilience.

Under the MOU, both organizations intend to establish a Joint Working Group to evaluate and implement cooperation across six key focus areas, including:

Expansion of Integrated Material Services (IMS): Optimising the existing IMS program including material availability, procurement, planning, and inventory positioning to align with Vietjet’s rapid fleet expansion and international network growth.

Long Thanh Aviation Hub Development: Exploring solutions on consignment capabilities, material support, and aviation logistics at Long Thanh International Airport in line with the development of Vietjet’s operational facilities.

Aircraft Lifecycle and Circularity Solutions: Exploring used serviceable material (USM), component repair and exchange services, and surplus inventory management  to enhance lifecycle economics and supply chain sustainability.

Data Analytics & Digital Integration: Leveraging advanced analytics, joint data integration, and predictive demand planning to enhance material visibility and optimize fleet maintenance workflows.

Enhanced Operational Support: Strengthening Aircraft-On-Ground (AOG) response mechanisms, regional stock positioning, and emergency logistics coordination to ensure high operational reliability.

Capability Building and Training: Exchanging industry expertise, technical know-how, and professional development initiatives to enhance aviation supply chain management capabilities in Vietnam.

Richard Stoddart, Chief Executive Officer of Satair, said: “This Memorandum of Understanding marks a significant milestone in our evolving partnership with Vietjet. By building upon our established Integrated Material Services foundation, we look forward to supporting Vietjet’s fleet growth and working collaboratively to develop scalable, sustainable, and data-driven supply chain solutions that strengthen Vietjet’s long-term growth ambitions.”

Vietjet Chief Executive Officer Nguyen Thanh Son, said: “A proactive and efficient supply chain is fundamental to Vietjet’s fleet development, international network expansion, and continued enhancement of passenger services. Our partnership with Satair enables us to leverage Airbus’ global expertise and supply chain capabilities to enhance operational and maintenance efficiency, while preparing for the development of strategic infrastructure, including Long Thanh International Airport. We also look forward to strengthening local technical expertise and developing aviation talent in Vietnam, contributing to a more sustainable future for the industry.”

The agreement further deepens the strategic partnership between Satair and Vietjet, fostering greater collaboration in aviation technology, services, and talent development between Vietnam and Denmark.