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Vietnam Airlines leases six A321neo

Released at: 11:16, 16/02/2017

Vietnam Airlines leases six A321neo

Photo: flynow.vn

National flag carrier's fleet currently stands at 86 aircraft.

by Nguyen Quoc

An official from Vietnam Airlines was quoted by the Vietnam News Agency (VNA) as saying on February 15 that the corporation has inked a contract with the Aviation Capital Group (ACG) to lease six Airbus A321neo aircraft long term.

The six are among the 20 A321neo aircraft the national flag carrier plans to lease and will be delivered in 2018 and 2019 to serve domestic and regional routes.

The national flag carrier said it is modernizing its fleet by prioritizing environmentally-friendly planes with high economic benefits.

General Director Duong Tri Thanh said the deal with ACG is part of their commitment to providing passengers with high-quality services. A321s are new the flagship aircraft of the carrier and have proved effective on domestic and short-haul regional routes.

The A321neo is a new edition of A321 aircraft - the largest member of the Airbus A320 family.

Vietnam Airlines also plans to sell or lease back four new aircraft it will receive this year to ease debt pressure and boost liquidity.

Aircraft to be sold or leased back include one Boeing B787-9 and three Airbus A350s.

As at December 31, 2016, Vietnam Airlines had a fleet of 86 aircraft with an average age of 5.7 years.

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