Airbus nearing deal for 100 A321 aircraft with VietJet, sources say

PARIS, June 17 (Reuters) - Airbus (AIR.PA), opens new tab was closing in on an order for 100 single-aisle aircraft from VietJet (VJC.HM), opens new tab on Tuesday, with an announcement pencilled in for the Paris Airshow barring a last-minute setback in negotiations, industry sources said.
Airbus declined to comment and VietJet was not immediately reachable at the air show, where airline staff were witnessed preparing for a possible announcement.
The sources said the low-cost Vietnamese airline was looking to buy the A321neo model. A deal for 100 such planes could be worth around $6.3 billion, according to estimated prices provided by analysts Cirium Ascend.
Bloomberg was first to report the potential deal.
European planemaker Airbus has announced a flurry of deals at the Paris Airshow, the world's biggest aviation trade fair that opened on Monday.
U.S. rival Boeing (BA.N), opens new tab is expected to have a more subdued show as it focuses on the probe into last week's fatal crash of an Air India Boeing 787 and after it racked up huge deals during U.S. President Donald Trump's recent tour of the Middle East.
VietJet, the largest airline in Vietnam, operates an all-Airbus fleet, apart from two Chinese-made regional jets.
The airline has not to date taken delivery of any of the around 200 MAX planes it has ordered from Boeing.
Airbus is the main supplier of jets to Vietnam, with its aircraft making up 86% of the planes currently operated by Vietnamese airlines. However, export-dependent Vietnam is under pressure from Washington to buy more U.S. goods.

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Daily Mail​

2 hours ago

• Daily Mail​

TRAVEL: How to spend a weekend in sunny St Tropez

FRIDAY 4pm An hour's drive from Nice airport, I arrive at my hotel Arev (from £495 per night, in St Tropez. The name is a play on the French word for dream, rêve – and what a dream it is. My room has a garden view, Japanese Toto toilet and Dyson hairdryer. 7pm At Fondugues Pradugues, a natural wine domain in the neighbouring village of Ramatuelle, we try organic red and rosé wines at Le Chai, its restaurant overlooking the vines. Chef Valentine Costuna whips up a four-course tasting menu (£105pp, SATURDAY 8am The view of the heated outdoor pool tempts me out of my canopy bed and into my swimsuit. After working up an appetite, I slip into something a little more breakfast-appropriate, grab a table in the shade and enjoy the eggs benedict (served on a waffle). 11am A stroll away, at place des Lices (from the medieval word for jousting ground), is the town square's famous market (held on Tuesdays and Saturdays, from 8am to 1pm), where I check out the local delicacies and browse the antiques, linen wear and basket bags. 1pm Lunch is at The Strand, an old St Tropez favourite brought back to life by Arev with the help of famous French hospitality brand Bagatelle. I opt for the avocado salad with raspberries, and leave room for the tarte tropézienne, a cream-filled brioche bun. 3pm Time to recline by the pool while I await a full-body massage. With just two treatment rooms and a hammam, appointments at the spa are coveted. I tell the therapist about my 'tech neck' and she adapts our 50-minute session. Afterwards, I feel re-energised. 8pm Insta-hot bohemian interiors, plenty of outdoor seating and live music – there are lots of reasons locals flock to Le Café, but its unpretentious brasserie food tops the list. I have the shredded crab (£30) and filet de bœuf with peppercorn sauce (£45, SUNDAY 9am Anyone for padel? After brushing up on my backhand skills on the hotel's courts, I walk into town to enjoy a delicious, if pricey, iced vanilla matcha latte (£6.75) and pain suisse (£10), from Cedric Grolet & Airelles ( to tide me over until lunch.

Telegraph

4 hours ago

• Telegraph

Three places to find ‘la France profonde' – for those exasperated by the 21st century

If I had a fiver for every time I've been asked to indicate ' la France profonde ' (deepest France), I'd be a very rich man. Well, not really. I'd have about £245. But that's 49 people who have asked me directly. This suggests that there must be thousands, maybe millions, of people interested in the subject who don't know me, or don't dare ask. So I'm assuming that this France profonde is a much-sought place. Why? It may be that it offers a misty promise of our own half-remembered past, when all villages were pretty, all butchers and bakers were family-run and front doors were left unlocked. There were no smartphones, designer drugs or hysterical 24-hour news channels. Woke was what happened when you stopped being asleep. So where is it? Both nowhere and all over the place, for la France profonde is as much an ideal as a destination. But some spots get close. Here are my top three for 2025. Cher, Centre-Val de Loire A good way to prepare for this département, or county – south of the Loire, west of Burgundy – is to tackle Le Grand Meaulnes, one of the best-selling French novels of the 20th century. Alain-Fournier's only work (he was killed early in the Great War) mines the lurking sense of the arcane in a deep, green and much-bypassed landscape. Thus will you be ready for narrow lanes which track through encroaching woodland, by rivers and half-seen lakes. Low-slung villages fold into their surroundings, apparently impervious to the 20th century, never mind the 21st. Strange beliefs infiltrate long, rustic silences – for this is also the traditional French capital of witchcraft. Le Grand Meaulnes fits right in, a tale of adolescent love and adventure and the mysterious spaces in between. You may start by paying respects at Épineuil-le-Fleuriel, whose school Alain-Fournier attended, and used as starting point for the novel. Wonderfully, the old school has been restored exactly as it was in his time. Moving north, headliners include Noirlac Abbey (near St Amand-Montrond) whose pure white Cistercian stones soar, decorated only by light and shade. The cultural season here, in pretty much the exact centre of France, justifies a trip. Nearby county capital Bourges is a skip back to well-rooted bustle, its remarkable cathedral and half-timbered streets just a villein or two short of perfection. Linger a while, before moving further north, edging into the Sologne district which Alain-Fournier characterised as 'useless, taciturn and profound'. One must, he said, 'pull aside the branches to discover this countryside'. As fields and forest close in, one makes for La Chapelle-d'Angillon, where the writer was born, and then Nançay, where he spent youthful summer holidays. Round here, it's easy to believe that the fantastic and the rational are opposite sides of the same coin. Later, we leave the universe of Le Grand Meaulnes for half-timbered Aubigny-sur-Nère. Here, la France profonde bumps into l'Ecosse profonde – deepest Scotland – in a gush of abundant jockery: saltires, kilts, whisky and a 10ft monument to the Auld (Franco-Scots) Alliance outside the library. Why? The town was given to the Stuarts by French king Charles VII in payment for their help against the English in the Hundred Years War. Scottishness got a grip and, though the Stuarts were around for only 250 years, the links remain. Aubigny revels in them, not least in the annual Franco-Scottish festival, this year from July 11-13. Should you be looking for irrationality, this is a splendid spot to start. Where to stay In Aubigny, the Hotel La Chaumière colonises a 19th-century post-house: bare stone, beams, the works, plus a good restaurant (doubles from £95). Nearby, the Logis Relais du Cor d'Argent at Argent-sur-Sauldre has practical rooms and an equally good restaurant (doubles from £64). Creuse, Nouvelle-Aquitaine If anyone says to me: 'I'll drive you to the Creuse', I say: 'Lead on, Captain. Take me there, that I might never return.' It's that sort of place. The county is found where the Massif Central cedes to the Limousin. Hardly anyone lives there and no-one visits. Well, a few. It is the least visited of all French counties, which indicates how daft tourists can be. But it means you have it to yourself, and that's good. The Creuse is wild enough with moorland and heath, forest and pasture heavy with Limousin cattle. The landscape undulates with elemental interest sufficient to hold the attention entirely, yet bearing no risk of frenzy. After a few hours there, I sigh so happily that my nerves slacken. They barely stiffen for the duration. Roads wind through countryside ruffled like yeoman England, but hotter. Aromas of flowers, hay and cows come in through the window and then you're in Crozant. The village – at the rocky junction of three rivers – had its own school of 19th-century painters, led in by Claude Monet. It's a good story, told at the Hotel Lépinat, once the artists' boozer, now an information centre. Close by, La Souterraine is a grand little spot, its old stones warmed by sun, small-town commerce and a sense of self-sufficiency. Beyond, the granite Monts de Guéret rise forested and harbouring. Set the car south, along lanes of little consequence, to Aubusson. Crouching below the rock-faces along the Creuse river, Aubusson has been weaving the world's most celebrated tapestries for 500 years. In the past, this wouldn't have detained me very long. Now, though, I've been to the Cité Internationale de la Tapisserie, seen works by Picasso, Braque, Le Corbusier and Jean Lurçat and realised there's more to tapestries than faded fabric on château walls. Thus to the Plateau de Millevaches, where moors and woodland tumble into remote villages and then down to Lake Vassivière. The possibilities for activity – hiking, biking, riding, sailing – are enticing for those with energy. The rest of us may stroll and look and reflect that this could be Canada, if only there were moose and maple syrup. Where to stay In Aubusson, the Hotel des Maisons du Pont has rooms scattered through venerable riverside houses ( from £77). In Roches, south-east of Crozant, head for the Domaine de la Vergnolle for chambres d'hôtes rooms and over-water cabins ( B&B doubles from £59). Loire valley, Centre-Val de Loire The Loire valley is where I dream of going when exasperated by the 21st century. It runs to rhythms redolent of gentler times, but with decent plumbing. North of, and parallel to, the mightier Loire (the one with the big châteaux), this tributary flows into a past of forests, vines and wild flowers, of cliffs, meadows and white-stone villages bright with proper shops and deep-rooted confidence. From light, green and watery Vendôme – where, as a schoolboy, Balzac read so voraciously that he would fall into 'a coma of ideas' – the valley meanders in and out of white-stone villages bright with proper shops and busy ladies bustling with baskets. At Thoré-la-Rochette, you might tackle Côteaux-du-Vendomois wines, peppery from the local pineau d'aunis grape. Downstream, Lavardin – crammed between hillside and river – would be standing-room-only, were it in Provence or Tuscany. Nip into the church for medieval frescoes (a Loire speciality) and move on to Montoire-sur-le-Loir. You may have heard of this town. On October 24 1940, Hitler and Pétain met to set the seal on their collaboration at the railway station right here. Presently, the station hosts a museum telling the tale. At Trôo, as chalk cliffs edge the valley so, over a couple of millennia, locals dug homes into the rock-face, creating a vertical troglodyte village on four levels. Farm workers moved out by the middle of the 20th century. Artier types moved in, for cave-dwelling is in vogue these days. But Yuccas Cave has been kept as it was when farm workers Zéphrim and Désirée Didé and their six kids lived there until 1965. And so to St Jacques-des-Guérets, with the valley's best church frescoes, Couture-sur-Loir, where 16th-century poet Pierre de Ronsard was born, and Ruillé-sur-Loir, for Jasnières wines. In La Chartre-sur-Loir, the Hotel de France epitomises all that's best in provincial French hotels. On my last visit, it smelled splendidly of flowers and furniture polish. But don't take my word. The hotel is quite near Le Mans, so has hosted key teams from the 24-hour race (Aston Martin, Porsche, Ferrari) plus associated luminaries: Steve McQueen, Jackie Onassis and Bobby Kennedy ( doubles from £91). The fascination persists, not least at the Château du Lude – as imposing as most châteaux in the grander Loire valley to the south. So please don't hesitate. Or, as Pierre de Ronsard wrote: 'Live now, believe me, wait not until tomorrow. Gather the roses of life today.' Where to stay Apart from the Hotel de France (above), we favour the Auberge du Port des Roches – pleasing hotel, good restaurant – at Luché-Pringé (doubles from £80).

Reuters

6 hours ago

• Reuters

EnQuest to finalise $84 million Vietnam oilfield acquisition soon, CEO says

SINGAPORE, June 21 (Reuters) - UK explorer EnQuest (ENQ.L), opens new tab expects to complete the acquisition of Harbour Energy's (HBR.L), opens new tab business in Vietnam in the next month or two and plans to drill new wells to increase oil production there, CEO Amjad Bseisu said. The $84 million acquisition is part of the North Sea-focused company's expansion outside its home market. EnQuest will acquire just over a 53% equity interest in the Chim Sao and Dua production fields in Vietnam. "We were excited about the asset there as we see development opportunities, and we also see some in-fill opportunities," Bseisu told Reuters earlier this week. "So we'll be looking, once we take over, to investing in the field and trying to increase its productivity." In offshore Peninsular Malaysia, the company is on track to start producing non-associated gas from the Seligi field next year, Bseisu said. Daily gas production will be increased from 14,000-15,000 barrels of oil equivalent to 25,000 boe, he added. The company, along with energy majors, is investing in gas exploration and production in Southeast Asia to meet rising power demand from growing populations and a proliferation of data centres in the region. "Asia is our biggest growth engine now for gas," Bseisu said. In Indonesia, EnQuest is part of a consortium awarded in April the production and sharing for Gaea and Gaea II blocks, which are near the BP-operated (BP.L), opens new tab Tangguh LNG plant. Bseisu said EnQuest's strategy in Indonesia is to try and find gas close to existing plants. He added that domestic gas production is more attractive than liquefied natural gas (LNG) for governments as it creates revenue, jobs and expands the industry.