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VietNamNews

BNP Paribas backs VietJetAir

Update: February, 15/2014 - 08:48

SINGAPORE (VNS)— BNP Paribas, a leading international aviation financer, was assigned as adviser and finance arranger for three new VietJetAir's aircraft, following an agreement signed between the two sides in Singapore on Thursday.

The agreement was another step in VietJetAir's move towards ordering 100 aircraft from Airbus. This was finalised a few day ago at Singapore's Airshow. The first three aircraft, valued at $270 million, will be received by VietJetAir this year.

"Air transport has been a vital part of the economy in Viet Nam and an important foundation for the development of the country. We are excited and looking forward to see the very first aircraft from this order, which will be due for delivery this year," said a BNP Paribas representative. — VNS


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