Two Vietnamese airlines have signed aircraft financing deals totalling USD860 million. Vietnam Airlines (VN, Hanoi Noi Bai International) has signed a USD560 million memorandum of understanding with Citibank S.A. “to support its strategic investment initiatives,” while VietJetAir (VJ, Hanoi Noi Bai International) inked a USD300 million agreement with Av AirFinance to help finance B737-8 deliveries.

Both agreements were signed in the presence of Viet Nam’s deputy prime minister, Ho Duc Phoc, and as part of an…

Source: ch aviation
Read more: Vietnamese airlines sign financing deals in the US