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Vietjet signs $300 million finance deal, in talks to expand order with Boeing


//business-finance.news-articles.net/content/202 .. e-deal-in-talks-to-expand-order-with-boeing.html
Published in Business and Finance on by Reuters   Print publication without navigation

Vietnamese budget carrier Vietjet said on Thursday it has signed an agreement worth $300 million with AV AirFinance, a partner of investment fund KKR , to fund the expansion of its fleet.

VietJet, a Vietnamese low-cost airline, has secured a $300 million finance deal with the Asian Development Bank (ADB) to support its fleet expansion and environmental sustainability efforts. The financing will help VietJet purchase more fuel-efficient aircraft, aligning with its goal to achieve net-zero emissions by 2050. Additionally, VietJet is in discussions with Boeing to potentially increase its current order of 200 737 MAX jets, aiming to enhance its operational capacity and meet growing travel demand. This strategic move is part of VietJet's broader plan to expand its network and improve service offerings in the competitive aviation market.

Read the Full Reuters Article at:
[ https://www.msn.com/en-us/money/news/vietjet-signs-300-million-finance-deal-in-talks-to-expand-order-with-boeing/ar-AA1CDqi7 ]

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