Vietjet Air and AV AirFinance have signed a USD 300 million agreement that aims to strengthen the U.S.–Vietnam economic and trade relationship. Vietnam’s Deputy Prime Minister Ho Duc Phoc was present at the signing.
The agreement is part of a series of aircraft financing deals worth over USD 4 billion to support Vietjet’s fleet development plan of close to 300 aircraft deliveries by 2027.
Equally, the airline is expected to begin taking delivery of its first 737 MAXs from an order of 200 aircraft announced in 2019, a ceremony where U.S. President Donald Trump was present. This is one of many partnerships that Vietjet has developed with U.S. companies, alongside GE, Pratt & Whitney, and Honeywell.
“We are delighted to be a long-term strategic partner of Vietjet,” said Stephen Murphy, CEO of AV AirFinance. “This new commitment reflects our strong relationship and willingness to support Vietjet’s resurgent growth in the Asia-Pacific region via new generation aircraft.”
Dr Nguyen Thi Phuong Thao, Chairwoman of Vietjet, commented: “I am steadfast in my commitment to working tirelessly and fostering global partnerships that help bridge cultures, economies, and technologies between Vietnam, the United States, and the wider world.”
Photo: Vietjet
