Vietjet Secures $300 Million Financing Agreement to Boost Fleet Expansion
April 10, 2025 - 04:20
Vietnamese budget carrier Vietjet has announced a significant financing agreement worth $300 million with AV AirFinance, a partner of investment fund KKR, aimed at expanding its fleet. This deal was confirmed on Thursday and aligns with a recent report regarding the financial arrangement made during a visit to the United States by Deputy Prime Minister Ho Duc Phoc, who was in the country for discussions on reciprocal tariff negotiations.
This agreement with AV AirFinance marks a continuation of Vietjet's strategy to secure funding for its growth, as it follows a series of financing agreements totaling $4 billion that the airline has established with various U.S. partners. The successful negotiation of these funds is expected to bolster Vietjet's capabilities and enhance its operational efficiency in the competitive aviation market. As the airline looks to expand its fleet, this financial backing will play a crucial role in facilitating its growth ambitions and meeting increasing travel demand.
MORE NEWS
June 25, 2025 - 00:18
Yale's Financial Stability Program Unveils Crisis Management PlaybookThis year marks a significant milestone for the Yale Program on Financial Stability as it wraps up the New Bagehot Project. This ambitious initiative, spanning a decade, has meticulously chronicled...
June 24, 2025 - 04:52
Japan's Foreign Exchange Diplomat Reappointed for Another YearTOKYO - Japan`s leading foreign exchange diplomat, Atsushi Mimura, has been reappointed for a second consecutive year, according to the finance ministry. This decision underscores his significance...
June 23, 2025 - 19:11
Rethinking Finance: A Call for Inclusivity and SustainabilityIn affluent societies, the relationship with money has shifted dramatically, transforming it into a master rather than a servant. This paradigm has far-reaching implications, not only for...
June 23, 2025 - 05:12
NJBIZ Finance Power List: Celebrating the Most Influential Leaders in FinanceThe NJBIZ Finance Power List has unveiled its selection of the most influential leaders in the finance sector for 2025. This prestigious list highlights the professionals who play a critical role...