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Airbus Seals Big A320 Order From VietJetAir

VietJetAir says it signed a deal to buy more than 90 A320 jets from Airbus that is worth about $9.1 billion at sticker prices. The discount airline and Airbus announced the deal Tuesday at the Singapore Airshow. They had a preliminary agreement last year but it wasn't included in Airbus's order book for 2013.

SINGAPORE (AP) -- VietJetAir says it signed a deal to buy more than 90 A320 jets from Airbus that is worth about $9.1 billion at sticker prices.

The discount airline and Airbus announced the deal Tuesday at the Singapore Airshow. They had a preliminary agreement last year but it wasn't included in Airbus's order book for 2013.

The deal includes confirmed orders for 63 of the single aisle aircraft and 30 options to purchase. VietjetAir will also lease another eight A320s.

The airline which flies to dozens of destinations within Vietnam and a handful of overseas routes said the A320 would help it lower operating costs.

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