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SP's Military Yearbook 2021-2022
SP's Military Yearbook 2021-2022
       

Satair and Vietjet sign multi-year agreement for Integrated Material Services (IMS) solution

Ho Chi Minh City, Vietnam February 18, 2025 Photo(s): By Satair
Vietjet Vice President Nguyen Duc Thinh (left) and Paul Lochab, CCO of Satair (right), representing both companies, sign a multi-year agreement for Satair's Integrated Material Services (IMS) for Vietjet's Airbus fleet.

Satair, an Airbus Services company, and Vietjet Air have signed a multi-year agreement for Satair's Integrated Material Services (IMS), a comprehensive material solution that will support Vietjet's entire Airbus A320 and A330 fleet.

Under this exclusive agreement, Satair will provide consignment stock and pooling support for expendables specific to Vietjet's A320 and A330 fleet. The tailored service will allow Vietjet to ensure material availability with a defined performance level, providing cost savings to boost cash flow and reduce capital expenditure.

Nguyen Duc Thinh, Vietjet Vice President, said: "We are pleased to advance our long-term partnership with Satair. As Vietjet is the largest Airbus aircraft operator in Vietnam, this agreement will continue to secure our efficient and robust material operations while optimizing overall maintenance costs, supporting our fleet and global flight network expansion. The agreement also allows us to further enhance our flight services and provide more affordable air travel for our passengers."

Paul Lochab, Chief Commercial Officer of Satair, added: "Our IMS collaboration goes beyond simply managing inventory—it's about empowering airlines like Vietjet to focus on what they do best, with the confidence that they've got the right support behind them. By optimising costs and freeing up resources, IMS allows maintenance and engineering teams to concentrate on critical aspects of their operations."

Satair's IMS product offering is an end-to-end supply chain solution that includes planning, sourcing, purchasing, logistics, and inventory management; covering all expendables and consumables required in the typical aircraft maintenance lifecycle. The solution is developed in close collaboration with the airline as both a partner and a customer, full-service airlines and low-cost carriers alike.

Through its collaboration with Satair and other top aviation partners worldwide, Vietjet remains committed to investing in advanced aerospace solutions and services to ensure the highest standards of safety and quality. The airline continues to expand its modern, fuel-efficient Airbus fleet as a part of its global expansion strategy and sustainable growth.