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Vietnam Airlines Secures $560M Funding Commitment From Citibank

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Vietnam Airlines has taken a significant step in strengthening its financial position by signing a Memorandum of Understanding (MOU) with Citibank (US), securing a funding commitment exceeding US$560 million. The capital injection is aimed at supporting the airline’s long-term strategic investment initiatives, which include fleet renewal, modernization efforts, and infrastructure development.

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Vietjet Air Signs $300M Aircraft Financing Deal With AV AirFinance

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Vietjet Air (Vietnam) has signed a major aircraft financing agreement worth US$300 million with AV AirFinance (US), further strengthening its financial ties with key American institutions. This agreement is one segment of a larger portfolio of deals the airline has been actively pursuing to fund its fleet expansion and modernization.

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VietJet Takes Delivery of A321neo Powered by PW1133G-JM

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VietJet, the Vietnamese low-cost carrier, has further expanded its next-generation fleet with the delivery of one Airbus A321neo, bearing serial number 12520. The aircraft is equipped with PW1133G-JM engines, manufactured by Pratt & Whitney, and reflects the airline’s ongoing investment in fuel-efficient, high-capacity aircraft to meet rising demand across its domestic and regional network.

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VietJet to Begin C909 Operations on Domestic Routes in April 2025

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VietJet, Vietnam’s leading low-cost carrier, is set to become one of the first international airlines to launch commercial operations of the COMAC C909 beginning mid-April 2025, deploying the aircraft on domestic routes within Vietnam. This move marks a significant step for both VietJet and the Chinese-manufactured narrowbody aircraft as it enters international service.

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VietJet to Finalize $200M Aircraft Deal, Eyes 20 B787s

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VietJet, Vietnam’s low-cost carrier, is preparing to sign a US$200 million aircraft financing agreement with AV Air Finance (US) next week, signaling continued momentum in its ambitious fleet expansion plans. The deal is expected to support upcoming deliveries and fortify VietJet’s financial position as it accelerates growth across its regional and long-haul networks.

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VietJet Air to Wet Lease Two COMAC ARJ21-700 Aircraft

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VietJet Air, a low-cost carrier based in Vietnam, has announced plans to wet lease two COMAC ARJ21-700 aircraft from Chengdu Airlines, a Chinese carrier. The aircraft, identified by serial numbers 185 and 196, are powered by CF34-10A engines manufactured by General Electric (GE).

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Bamboo Airways Cancels Phu Quoc-Taiwan Charter Services

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Bamboo Airways (Vietnam) has announced the cancellation of its planned charter services between Phu Quoc and Taiwan, which were scheduled to commence on 18 January 2025. The flights were to be operated using the airline’s Airbus A321 aircraft, offering a direct connection for leisure and business travelers. This decision comes amid uncertain demand in the charter flight market and operational…

Vietravel to Offer 28.6 Million Shares to Raise Capital

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Vietravel (Vietnam), a prominent travel and tourism company, has announced its plan to issue 28.6 million shares to the public in the coming months. This share offering is expected to generate approximately US$13.5 million in capital, which will be primarily used to repay outstanding loans and improve the company’s financial stability.

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Freebird Airlines to Operate Aircraft for VietJet Air Under Wet Lease

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Freebird Airlines (Turkiye) has announced plans to operate several aircraft under a wet lease agreement with VietJet Air (Vietnam) in the coming months. This partnership highlights the growing collaboration between the two carriers and supports VietJet Air’s operational needs during peak travel periods.