Vietjet's A321 aircraft delivered in late 2019 (Photo: Vietjet Air)Hanoi (VNA) – New-agecarrier Vietjet has been honoured as the winner of “the OperatingLease Deal of the Year” title for its 10 Airbus aircraft operating lease in2019.
The title is listed amongst the AnnualGlobal Awards of the world prestigious aviation and aerospace finance industrymagazine Airfinance Journal.
The deal, which was signed betweenVietjet and Novus Aviation Capital in July, 2019, covers five aircraft (threeA321s and two A321neos) delivered in 2019 while the five remaining aircraftscheduled for this year delivery.
The award recognized Vietjet’s benefitsfrom the transaction including the flexibility in financing structure,attractive pricing of the lease, repeat documentation, and aircraft deliveryschedule.
“The award is an acknowledgement forVietjet’s relentless efforts in aircraft financing activities, which sets astrong base for the airline’s sustainable investment and development of new andmodern fleet in the coming years,” said Ho Ngoc Yen Phuong, Vietjet Vice President and CFO.
Vietjet's A321 aircraft (Photo: Vietjet Air)Previously, Vietjet was also listed inthe Top 50 airlines for healthy financing and operations for two consecutiveyears of 2018 and 2019 by Airfinance Journal. It is the only Vietnamese carrierin the list. The presence in the list showed the airline’s positive finance andgrowth indicators amongst top airlines worldwide.
Published continually for more than 40years, Airfinance Journal is a market leading financial publication of theglobal aircraft and aviation business headquartered in London. The Journalincludes the latest news, analysis and data relating to the financing ofaviation industry globally, covering airlines, airports, banks and financialinstitutions, leasing companies and others.
Vietjet has beenawarded the highest ranking for safety with 7 stars by the world’s only safetyand product rating website AirlineRatings.com. The airline has also been namedas Best Low-Cost Carrier by renowned organizations such as Skytrax, CAPA, etc. in recent years.
The new-age carrierVietjet has not only revolutionized the aviation industry in Vietnam but alsobeen a pioneering airline across the region and around the world. With a focuson cost management ability, effective operations and performance, Vietjetoffers flying opportunities with cost-saving and flexible fares as well asdiversified services to meet customers’ demands./.
VNA
