(VOVWORLD) - Vietjet and major US-based financial group Carlyle signed an aircraft sponsorship agreement worth 550 million USD as part of US President Joe Biden's official visit to Vietnam.
 Vietjet Chief Executive Officer Dinh Viet Phuong (left) and Carlyle Aviation Partners Co-founder & President Robert Korn at the signing ceremony |
Carlyle Aviation Partners, a member of the Carlyle Group, will provide funding for the 737 Max aircraft series under the order of 200 aircraft between Vietjet and Boeing.
Robert Korn, co-founder and president of Carlyle Aviation Partners, emphasised that Carlyle Aviation Partners is a long-term strategic partner of Vietjet, adding that it has been a great honour for the company to witness the firm’s strong developments for over a decade.
The first aircraft of the order is scheduled to be delivered to Thai Vietjet, an airline founded by Vietjet which is currently one of the leading airlines in Thailand. During President Biden's official visit, Vietjet and Boeing also agreed to hand over the first aircraft to Vietjet under the order of 200 B737 Max aircraft.
The 25 billion USD order is due to be implemented over the next five years, with the first 12 aircraft being delivered next year.
Carlyle Aviation Partners operates in global aircraft finance and leasing. Established in 2002 in Miami, Florida, the company currently manages a fleet of 396 aircraft in 59 countries around the world.