Saber announced Wednesday the expansion of its strategic relationship with Vietnam Airlines. Both US President Donald Trump and Vietnamese President Nguyen Phu Trong attended the signing ceremony at the Presidential Palace in Hanoi.
On Wednesday morning, President Trump and Vietnam’s leaders presided over trade deals, including an agreement between Saber and Vietnam Airlines, and an aircraft agreement between Boeing and Vietjet and Bamboo Airlines.
The memorandum of understanding between Vietnam Airlines and Saber “describes Vietnam Airlines’ intention to significantly expand its existing strategic relationship with Saber, with a potential value in excess of US$300 million.”
It includes technology from Saber’s AirVision and AirCenter, and complements SabreSonic, the passenger service system used by Vietnam Airlines. These efforts will help improve the airline’s profitability and digital capabilities, Saber said.
As stated in the MOU, a subsidiary of Vietnam Airlines will also start using SabreSonic.
Earlier this month, the U.S. Federal Aviation Administration determined that Vietnam’s Civil Aviation Authority met international aviation safety standards, opening the door for Vietnamese airlines to fly to the U.S.
President Trump is also in Vietnam for a summit with North Korean leader Kim Jong Un.