Banks to lend $173mn to keep Vietnam Airlines operating

Vietnam Airlines considering 50-strong B737 MAX order

Vietnam Airlines (VN, Hanoi Noi Bai International) is considering ordering fifty B737 MAX, according to the US-Vietnam Comprehensive Strategic Partnership signed during a leaders' meeting in Hanoi.

A White House press release said the carrier and Boeing "will sign" an order. However, official photos of the event indicate that Vietnam Airlines has only accepted Boeing's MAX 8 proposal and is uncommitted to an order given financing has yet to be settled.

Tran Thanh Hien - finance director of Vietnam Airlines - told local media that the B737 MAX - said to be B737-8s at this stage - would be due from 2027 to 2030. Thus, there are still four years left to prepare the necessary conditions for the receipt of the aircraft, including capital mobilization. Vietnam Airlines and Boeing will now discuss funding options suitable to the airline's capacity and ensure the feasibility of the project.

"Vietnam Airlines is completely confident in balancing part of the capital for this project through the overall restructuring process of the airline and the recovery of...

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