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AEROSPACE NEWS

VietJet Commits to COMAC C909 with Lease for 10 Aircraft

Key Takeaways
  • VietJet signed a lease for 10 COMAC C909 aircraft.
  • Lease agreement with SPDB Financial Leasing.
  • VietJet aims to introduce COMAC aircraft on Vietnam-China routes.
  • Five new routes announced between Vietnam and China.
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Strategic Implications

This commitment may signal VietJet's growing confidence in the COMAC C909's viability for regional operations. The partnership with SPDB Financial Leasing suggests a deepening relationship between VietJet and Chinese financial institutions, which could facilitate future fleet expansions and may indicate a shift in the airline's procurement strategy.

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What Happened

Vietnamese Carrier Expands Fleet with Chinese Narrowbody Jets

VietJet has signed a lease agreement to acquire 10 COMAC C909 aircraft, marking a significant expansion of its fleet with the Chinese-made narrowbody. The lease contract was agreed with SPDB Financial Leasing, a subsidiary of Shanghai Pudong Development Bank, during a state visit by Vietnam’s President To Lam to China. VietJet aims to introduce the COMAC aircraft into operations on routes connecting Vietnam and China, and has also announced five new routes between the two countries. The airline’s commitment to the C909 follows a brief pause in operations due to costs associated with foreign crews and maintenance services. This development was first reported by AeroTime.

Source

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JUMPSEAT
AEROSPACE NEWS
JUMPSEAT
AEROSPACE NEWS

VietJet Commits to COMAC C909 with Lease for 10 Aircraft

Sponsored by: Jumpseat Solutions
Key Takeaways
  • VietJet signed a lease for 10 COMAC C909 aircraft.
  • Lease agreement with SPDB Financial Leasing.
  • VietJet aims to introduce COMAC aircraft on Vietnam-China routes.
  • Five new routes announced between Vietnam and China.
Sign in to view key takeaways Get full access to in-depth analysis and key takeaways.
Sign In
Silver membership required Upgrade to Silver to access Key Takeaways.
Upgrade
Strategic Implications

This commitment may signal VietJet's growing confidence in the COMAC C909's viability for regional operations. The partnership with SPDB Financial Leasing suggests a deepening relationship between VietJet and Chinese financial institutions, which could facilitate future fleet expansions and may indicate a shift in the airline's procurement strategy.

Sign in to view strategic implications Get full access to strategic analysis and expert insights.
Sign In
Silver membership required Upgrade to Silver to access Strategic Implications.
Upgrade

What Happened

Vietnamese Carrier Expands Fleet with Chinese Narrowbody Jets

VietJet has signed a lease agreement to acquire 10 COMAC C909 aircraft, marking a significant expansion of its fleet with the Chinese-made narrowbody. The lease contract was agreed with SPDB Financial Leasing, a subsidiary of Shanghai Pudong Development Bank, during a state visit by Vietnam’s President To Lam to China. VietJet aims to introduce the COMAC aircraft into operations on routes connecting Vietnam and China, and has also announced five new routes between the two countries. The airline’s commitment to the C909 follows a brief pause in operations due to costs associated with foreign crews and maintenance services. This development was first reported by AeroTime.

Source

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