Vietnamese budget carrier VietJet Air (VJA) is ready to execute its US$9 billion worth plan to buy as many as 92 Airbus aircrafts by signing a cooperation agreement with two Chinese lenders. Accordingly, China Construction Bank (CCB) and CCB Financial Leasing Corp Ltd (CCBFL) have agreed to provide VJA with necessary financial aid to buy aircrafts, engines and other aviation supplies, which is considered the first step for the local budget carrier to realize its $9 ambitious plan. The new aircrafts will be delivered starting from 2014 in order to serve VJA development plans for offering charter flights and building a new modern fleet in the Asia Pacific region. In September this year, VJA signed a memorandum of understanding (MoU) with the France-based aircraft manufacturer Airbus for an order of 100 aircraft which will be delivered from 2014 to 2022, eight of which will be leased by Airbus to VJA. Regarding the question that if the purchase of100 aircraft for the budget carrier, which has been in operation for less than 2 years, is too much, VJA Managing Director Luu Duc Khanh, who directly involves in the deal, told Tuoi Tre that VJA needed 5 to 10 aircrafts each year…
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