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Vietjet Signs Finance Lease Deal with SPDB for 10 Chinese-Made ...
The carrier will use the jets to expand Vietnam-China routes as COMAC seeks a larger overseas market share.
- On Thursday, April 16, Vietnamese budget carrier VietJet Air signed a finance lease agreement for 10 Chinese-made COMAC C909 regional passenger jets with SPDB Financial Leasing.
- Vietnamese President To Lam's state visit to Beijing facilitated the agreement, with both countries pledging to "support further cooperation in the civil aviation sector" regarding Chinese commercial aircraft.
- Aiming to challenge Airbus and Boeing, Shanghai-based COMAC currently relies on domestic orders but is expanding, while Vietjet maintains a fleet of 135 aircraft with nearly 600 on order.
- The airline is leveraging these new jets to open five routes linking Hanoi and Ho Chi Minh City to Chinese destinations like Hangzhou, Enshi, Guilin, and Huangshan.
- COMAC's strategy involves penetrating the Southeast Asia market, with the manufacturer already securing or seeking aviation partnerships in Cambodia, Brunei, Laos, and Indonesia.
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12 Articles
The Star Kuala Lumpur
Business TimesVietjet signs finance lease deal with SPDB for 10 Chinese-made COMAC aircraft
HANOI: Vietnam's budget airline Vietjet has signed a finance lease agreement for 10 COMAC C909 narrow body aircraft with China's SPDB Financial Leasing, it said on Thursday (April 16).
VietJet Signs Lease Deal for 10 China-Made Comac C909 Planes
VietJet Aviation JSC signed a finance lease agreement with SPDB Financial Leasing Co. for 10 China-made C909 regional jets, expanding the Vietnamese low-cost carrier’s use of Commercial Aircraft Corp. of China Ltd. aircraft.
Vietjet has signed a lease agreement for ten regional Chinese bireactors COMAC C909 with SPDB Financial Leasing, consolidating an already committed rapprochement between the Chinese aviation industry and the Vietnamese low-cost carrier. The announcement, on the occasion of the state visit of Vietnamese President To Lam to China, also illustrates the growing diplomatic dimension of fleet choices within Asia-Pacific. Vietjet is committed to the C9…
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