Vietnam Airlines has put three of its Airbus A321 aircraft for auction in an attempt to raise revenue. The starting price is $5 million with the highest bidder getting the deal.
Vietnam Airlines has 48 A321neos in its fleet with an average age of 11.8 years, with a seat capacity of 178-203 in a two-class configuration.
The three A321s to be auctioned are registered as VN-A350, VN-A351, and VN-A352. The average age of the three aircraft is over 16 years. They were delivered to Vietnam Airlines is early 2007.
Prior to this, in 2020, Vietnam Airlines sold five Airbus A321 aircraft for an average of $7.4 million each in a bid to boost its income and restructure its fleet at the height of the pandemic. One year later, the airline sold off another 11 A321 in an auction.
The airline has made a strong recovery post-pandemic with passenger traffic inching closer to pre-pandemic levels in H1 of 2023, with $1.91 billion passengers. The airline also resumed London Heathrow flights earlier this year.